Facebook Will Disappear in 5 to 8 Years: Analyst

CNBC ^ | 6/4/12 | Cadie Thompson

[Revolting cat!]

What would we do without analysts?

[Revolting cat!]

[Revolting cat!]

I say, hatred and envy of success as well as foolish future predictions will never disappear. Fakebook is, or rather has developed into, a brilliant invention. People can keep in touch with their friends and with their interests such the artists, writers and news sources they value and support. It's an individualized delivery of information to us. Sure, some of my idiot "friends" tell me what they had for breakfast, or send me as one did today their pictures from Tbilisi, no postage stamps required, better than an ordinary postcard. Mick Jagger sends me messages, and two writers do as well. I can't complain, Fakebook doesn't bother me personally any more than Fiat 500 cars or Morbier cheese, the stinkiest cheese I know.

[a fool in paradise]

I miss my MySpace and Friendster pals.

[Lancey Howard]

Facebook Will Disappear in 5 to 8 Years

Last I saw today, Faceplant was at about $20. It's "disappearing" faster than anybody thought.

I miss my MySpace and Friendster pals.

I really liked MySpace, too. I didn't have my own MySpace page but musicians I know used to regularly post their latest recordings on MySpace and you could just click and listen. A lot of those pages have now been basically abandoned.

[a fool in paradise]

An artistic filmmaker who directed movies about cross-country road racing, cockfighting, and produced a hit film about a bank robbery contacted me via friendster because he noticed I listed one of his films among my top 10 favorites.

There are reportedly over a billion IDs on facebook. They do not represent 1 billion people, real, imaginary, or even alternate identities.

It’s a bogus claim by the new breed of tulip.

The cool kids left MySpace when Fox’s NewsCorp bought them out. Within a year the same thing could happen to Facebook. People ain’t happy with the site.

[a fool in paradise]

CNBC will disappear in 5-8 years...

[Atlas Sneezed]

I wasn’t referring to alternatives to Google for searching (there are many, and they all work fine because they are all accessing the same web). I was referring to Google’s social networking site alternative to Facebook. It’s so successful I can;’t recall its exact name.

[SeaHawkFan]

Tuesday closing price was $25.87 and only about .04% of shares were traded. A lot of people are thinking are praying that the stock will eventually go back up. Those people might be better off shorting the stock and recoup at least some of their losses. The price is not going back up, EVER.