Saturday, January 29, 2011

Facebook "overvalued"? Potential bubble forming in the technology sector?

Read on here:

But the Bloomberg Global Poll conducted Jan. 21-24 shows investors disagree with Goldman Sachs' assessment that Facebook is worth more than Web pioneers such as Yahoo and eBay, even though Facebook surpassed Yahoo in October as the third most visited website in the world. And investors are concerned it shows a bubble may be forming in the technology sector.

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