Andrew Bary / Barron’s Online:
Facebook Is Worth $15 — Facebook’s 40% plunge from its initial-public-offering price of $38 in May has millions of investors asking a single question: Is the stock a buy? The short answer is “No.” After a recent rally, to $23 from a low of $17.55, the stock trades at high multiples …
via Techmeme Firehose
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