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Tadd Dalton
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I was on my way to a friends' house to play some +Guild Wars 2 when we passed by this sign. I debated stocking up for the adventure ahead. Stay classy, Sooper Stop.
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One of the best Rush songs ever!!!!!!!!!!!!!!!!!

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I know I'm late, but I just saw this and stood up and cheered....so!

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I created this simple graph to illustrate why I think the Facebook IPO is the result of a 'bubble'.

Ford vs Facebook:

- Ford has 36 times higher revenue
- Ford has 8 times higher profit
- Ford has 8 times as many assets (including a much larger cash reserve)
- ...but Ford is valued at only 41% of Facebook's expected market cap.

More to the point. Ford's market cap is valued at 70% of their total assets. Meaning that if Ford where to closed down today, the investors could just sell the assets and get their money back.

But Facebook is valued 1,370% higher than what they have in assets, meaning that if Facebook closed down today, we are talking serious financial loss.

This is the dot.com era all over again. Value is being determined based on activity (page views, ad impressions, users), instead of real things like... you know... money and assets.
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Dr. Who..... the METAL way....

Dr. Who Meets Metal

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Hilarious case about a local Seattlite taking Apple to small claims court, and winning against two of their attorneys.

"I guess what they say is true. The sun even shines on a dog’s butthole every now and then, and on this day, I got myself a nice tan."

http://www.seattlerex.com/seattle-rex-vs-apple-the-verdict-is-in/
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