Remember all that hype about Facebook (NASDAQ: FB )
stock when the social network went public at $38? The valuation was
astronomical, critics complained. As the shares continued to fall as low
as $17.55 in the coming months, the bears were emboldened. It became
commonplace to liken the Facebook euphoria to the dot-com bubble.
But today it's a different story. The stock is back above its IPO
price, analysts are excited, and the stock is on a run. What's changed?
Facebook in the summer of 2012: Can Facebook monetize mobile?
Just about a year ago, Forbes writer Eric Savitz pitched in with some expert-sounding investment advice: (more)
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