Facebook (Nasdaq:FB) will release much-anticipated numbers later today. Two problems. You have to justify a forward PE ratio of 60. Then you need to prove you are a monetized player in mobile not desk top. The two points will intertwine. Chances are the mobile strategy would already be on the street. PE’s of 60 on the forward are never sustainable except in sugar-plum dreams.
High noon for Zuckerberg and the hoodie.
George Gutowski writes from a caveat emptor perspective.
- Facebook Quarterly Earnings. Do Executives have opening jitter? Is Zuckerberg the Next Jerry Yang? $FB (financialskeptic.wordpress.com)
- Google Governance Quandry Where is Larry Page and Why do they not talk about Him $GOOG $FB (financialskeptic.wordpress.com)
- Facebook Is Down 7% After Zynga Says Web Games Are Declining Faster Than Expected (ZNGA, FB) (businessinsider.com)