Facebook And A Timely Investment Reminder
The IPO of Facebook is the flavor of the month, and analysts are buzzing all over the place with questions such as “Who is getting rich?” and “How high will it go?”.
Charles Rotblut of the American Association of Individual Investors notes that investors always need to be mindful of the difference between an investment and a speculation, especially during frothy market cycles. Money quote:
This brings us back to the key difference between an investment and a speculative trade. An investment is a commitment to holding reasonably priced securities as long as their underlying fundamentals and business models remain attractive. A speculative trade is a short-term position designed to take advantage of expected price movements. A planned long-term investment can turn into a short-term trade if the price unexpectedly jumps, but a short-term trade should never turn into a long-term investment.
Read the full article at AAII.com
The Top 10 Web IPOs of all time (pre-Facebook, that is)

CNET-
It wasn’t long ago that the investment community was unsure if there would ever be a resurgence in IPOs. Just a few years ago, companies that, back in the late 1990s, would have jumped at going public, were balking at the idea, deciding instead to focus their efforts on growing and eventually being bought out. It was believed by some that another great Web IPO might not come along for many years.
But now, Facebook is set to change that. And by doing so, it will surpass some of the most prominent companies to ever bring services to the online world.
In the following slides, we’re going to take a look at the largest Web IPOs in history, courtesy of a list compiled by Renaissance Capital, an investment-research firm that specializes in IPOs.
As one might expect, some of the latest big IPOs are included in the list, including those from Google and Zynga, but other, prominent companies you might expect to see won’t be there. Renaissance’s list is arranged by the biggest deal size in history, giving some additional sway to more recent IPOs that garnered huge cash in their opening.
So, without further adieu, flip your way through the slides to find out which Web companies posted the largest IPOs in history.


