The drop may continue today:
The last price is : 31.6199
Fallen from the top of 45.
My estimate is that the drop will contune as long as P/E is so high as it is.
The drop for FB is approaching 50 %
Will it be a new example of the burst of an internet bubble where P/E is simply too high, though not as high as under the dot com bubble where some companies had no earnings and only a price, that is infinite P/E.
P/0 = infinite by definition.
Last edited by kgun; 06-25-2012 at 07:28 AM.
But I always prefer Nokia!
Nokia and Sony remain two of the most powerful brands in Asia despite high profile problems affecting both companies which have sent their market share, revenues and global reputation plummeting in recent months, according to a new piece of research.But the services provided by Nokia is much better than Sony. But in case of battery backup Sony leads Nokia in my view because due to battery backup problem i have changed my Nokia phone to Sony mobile.....
I just bought a new very simple Nokia mobile phone. Now Windows Phone 8 should soon be available on Nokia Lumina Smart Phones. My prediction is that there will be a race between iPhone and Windows Phones. Personally I am not sure which I should buy if I ever buy a smart Phone. iPhone has many apps, but Windows Phones are picking up, and if you are used to develope applications / software in C#, you get a flying start developing applications for Windows Phones since the language is C#.
Now Windows Phones are so powerful that you can have the companys infrastructure on your smart phone. We are approaching what Kristen Nygaard callled a dynabook that he lectured about at a seminar I participated on in the beginning of 1990.
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