Archives for: January 2011
State of the Union 2011

President Obama’s State of the Union address tonight was very broad in its scope and left very few details. Once again, calling for bi-partisan action to bring down the budget deficit, fix the health care law, improve education and become more competitive. I’m not sure how much of this will be achieved because of the bitter differences between Republicans and [...]

By Shaun Carter with 0 comments
Facebook P/E Ratio 125, $50 Billion Valuation

Facebook’s financials are not so private any longer as Goldman Sachs has released unaudited financial reports to high net worth investors who are being offered up over $1 Billion of Facebook stock. Based on the partial 2010 earnings figures, Facebook had net earnings of $400 Million on $1.6 Billion in revenue. These numbers just seem too good to be true [...]

By Shaun Carter with 0 comments