NEW YORK (TheStreet) - Angry emails continue to pour in from readers who wish to voice their "dislike" in reference to my recent bearish articles on Facebook (FB - Get Report) which is due to commence trading for the first time on Friday with an estimated price range of $34 to $38 as part of its highly anticipated IPO.Facebook estimates that it will generate approximately $6.4 billion from its offering -- essentially reaching a market cap as high $110 billion. As remarkable as this accomplishment may be, it looks grossly perverse when one considers that upon its IPO it will immediately surpass the value of technology bellwethers in Cisco (CSCO) and Amazon (AMZN) -- two companies with proven effective businesses that generate plenty of money.
Google Could 'MySpace' Facebook
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