this one a little unconventional, everybody, because it starts on wednesday. it starts out of order. when facebook is expected to file to come public. all day people have been asking me on that@a jim cramer twitter thing. how do we play? let me give you a ipo 101 please. you can t possibly know how to play it until you know the terms and the perspective price. we can t be stupid about this. if facebook becomes public at about 70 billion, probably tell you to buy it. priced over 110 billion, probably won t make all that much money. probably should blow out of it as fast as you can. with a fantastic business model, tons of revenue, facebook deserves to have a gigantic valuation. don t be thrown off when people say hold it, this company is going to be worth more than honeywell or home depot or ford. who cares? it s growing really fast and making a boatload of money. this isn t just a revenue story like so many other dot coms. don t be thrown off the scent of what could end up be
nonstop, best start since 1997. there is nothing to be alarmed about. this one a little unconventional, everybody, because it starts on wednesday. it starts out of order. when facebook is expected to file to come public. all day people have been asking me on that@a jim cramer twitter thing. how do we play? let me give you a ipo 101 please. you can t possibly know how to play it until you know the terms and the perspective price. we can t be stupid about this. if facebook becomes public at about 70 billion, probably tell you to buy it. priced over 10 billion, probably won t make all that much money. probably should blow out of it as fast as you can. with a fantastic business model, tons of revenue, facebook deserves to have a gigantic valuation. don t be thrown off when people say hold it, this company is going to be worth more than honeywell or home depot or ford. who cares? it s growing really fast and making a boatload of money. this isn t just a revenue story like so many