Blog of Sal

Remember where you were when the internet was born? I'll always remember a middle school camping trip my class took back in '92. We were traversing a scary railway bridge when our teacher pointed out thick wires bolted to the support beams below us and said: "Ça c'est le 'Information Superhighway!'" We were part of a "brain class". A group of students who were singled out, grouped together in a special class, and commonly referred to as "Les Nerds". I had one friend in that class who was an uber-nerd named Jeffrey B., and I was pretty sure he knew everything about computers. No offense to Jeffrey B., but he was one of these kinds of guys

How High Will Zuckerberg's Star Rise? I have a history of predicting cultural and technological trends correctly. So after being bombarded with the culture of Facebook for years, I'd like to offer some thoughts on their initial public offering.  I know little about investing, so please think of this article as more of a blind rant than an investment recommendation. Zuckerberg built an amazing tool, and he turned that tool into a huge company. They did 3.7 billion dollars in revenue last year, not too shabby. As they go public, the fairy tale version of their story would go something like: public money allows facebook to unleash a plethora of amazing new technology offerings, stock prices rise steeply for years.  A story something like Google's, who came out of the recession smelling like roses, and have seen their stock rise from an $87 IPO in 2004 to a current price of $600 per share. But Google grew out of a time when it was easier to remain a global ...