Hardly. AAPL is money in the bank, the friggin stock is going to $800. FCBK is a dice roll on the ZBerg kid. Can this 27 year old software wiz monetize a multi-billion dollar business? If he doesn't do so (and do so spectacularly) the 50 x forward earnings valuation will be a total Investor Fail. I think it will be hard to eff up FB, but stranger things have happened. The stock offering price strikes me as a potential money maker, but it doesn't fit into Pcad's Investment Strategy. Not for nothing, but managing our investments (mostly individual stocks) I've averaged 10.5%-17.5% returns (we have three accounts) over the last 9 years through the choppiest stock market waters in the last 80 years, so I have a glimmer of a clue. I'm an investor, NOT a trader.

Do I think Facebook will be wildly successful? Yes. Do I want the stock at that price? No.