| Cyrus | I'm on a course at the moment <a href=" http://www.chriskeam.com/contact/ ">aricept tablets uk</a> But I would care less to dub the Street's reaction to the news as an overreaction. In fact, I don't care to classify the reaction, period. Why? Because, over the long haul, this short-term volatility won't even matter. Just backing out three months, the stock is up 20%. Back out another six months and the stock is up 84%. Even more, with shares up so significantly, Facebook is trading at a whopping 17.7 times sales and a price-to-earnings ratio of 43.8. You can bet investors expect a rosy future for Facebook. And a rosy valuation on a hot growth stock sets the stage for unavoidable volatility. This short-term volatility will be voided meaningless as time passes. |
|