QUESTION: Do You Believe Facebook is Sustainable?

There's been a lot of debate lately about the staying power of Facebook.com, after company stock has taken a plunge in the national market.

According to the Associated Press, Facebook stock has dropped to $19 in the market Friday, meaning the company has lost half its market value since the company's initial public offering.

It's the lowest point for the company's stock, but some analysts believe Facebook still has a powerful staying power in the future. When the company went public in May, it boasted a user base of 900 million active users. If it were a country, Facebook would be the third largest in the world after China (population: 1.34 billion) and India (population: 1.17 billion).

It seems that everyone (and their grandma) is on Facebook these days, (Including Mercer Island Patchclick here to see our page) but it also seemed that way when MySpace was first created and that site is now a virtual graveyard. As stocks dip it raised the question - is Facebook a sustainable company that can create revenue for investors?

So we put it to you, Patch users:

Do you think Facebook is here to stay? Tell us in the comments.

Jerry Gropp Architect AIA August 18, 2012 at 08:40 PM
. Might be a good time to buy some of this downpriced FB stock- or perhaps not. Who knows? Here's today's NYT on the idea. J- http://www.nytimes.com/2012/08/18/business/Sites-Like-Groupon-and-Facebook-Disappoint-Investors.html?pagewanted=all
Jerry Gropp Architect AIA August 20, 2012 at 11:50 PM
. It's an interesting concept that has a number of pros and cons. Jerry-
Jerry Gropp Architect AIA August 21, 2012 at 09:59 PM
.More "Due Diligence" on the idea of buying downpriced FB stock. JG- http://www.nytimes.com/2012/08/21/technology/facebooks-ambition-collides-with-a-harsh-market.html?_r=1&ref=business


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