Treks in Sci-Fi
Attic of my Mind
Job for a Hero
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I just want one share so I get all that "junk" mail shareholders get - like voting stuff, annual reports, etc.
Apple has $100 Billion in CASH so theoretically they could just write a check and buy FaceBook. I wouldn't be over concerned with their exposure to Zynga. That's about 12% of their revenue right now. I think Zynga needs to be looking over their shoulder because the kind of gaming experience they provide can easily be done by other aggressive companies. The issue FaceBook faces is one of culture, really. Can Mark Z. function in an environment where he is answerable to shareholders? Right now he calls the shots with very little outside influence. That's about to change. I wouldn't be surprised if a few years from now he looks to do something new. It's the nature of guys like him, innovate or die. Steve Jobs was one of the few examples of an uber creative CEO who could still deal with being a public company. Of course his success created a corporate and shareholder culture where he was King and could do no wrong. Apple was fortunate that that perception turned out to be correct.
But that's just my perspective, maybe I'm wrong.
Do you think Facebook will be sustainable? People today are always jumping ship for the next thing.... and can Facebook be around for the long haul? I am in the technology business and I'm on line everyday with my work and i do not have a facebook account and i never been to the site. I am not alone in this i know many of my friends.... yes younger friends who feel the same. If i need to connect to someone and share information i can always send over an email or go old school and make a "PHONE CALL" Having worked in the IT field for the last 17 yrs i see the last few years where no one talks on the phone anymore.... most of my Company deals are done via email with no Human interaction at all.... gone are the days in which we actually spoke on the phone and Bonded and formed lasting business friendships. RANT over.... TGIF everyone of you awesome people!