Sometimes I'm glad that I'm not "in"

Friedrich Dominicus — Wed, 23 May 2012 10:33:00 GMT

Ah yes it could be also an extension to Lessons.

As I wrote I hate Facebook. I'm not a customer nor an "investor". And that's so good.

I really am astonished how fast people do forget some devastation of their wealth. Does Internethype tell you something? How much money was burned there (and how stupid was Greenspan to just start printing money) now see the disasters everywhere. I propose checking the prices of still existing corporations which still survived the Internet Hype catastrophe. Take e.g RedHat. It was much more expensive some years ago and earned much less than today.

With Facebook it may be even worse: http://finance.yahoo.com/blogs/daily-ticker/facebook-bankers-secretly-cut-facebook-revenue-estimates-middle-133648905.html This sucks. But it's not my business, if the would go bankrupt I would not loose a second though about it. It just is obvious to me. This banks in that form better be gone sooner than later.

I'd be more interested in your feedback about this blog. Feel free to comment as you like as long as you do not sell me anything you're comment will not be deleted....

Confessions

Friedrich Dominicus — Sun, 20 May 2012 06:37:00 GMT

of a Facebook hater.

As you might know I'm quite interested in computer related themes. And well Facebooks is a theme related to it and also economy. (Well one may say data trade with doubtful consense of the users) But anyway there should be nearly 1 billion using facebook. Well I'm not and will not. I'm not running around and showing my private parts. And so I don't want to run around and have my personal Data accessible to everyone. You can read my blog, you can hate it you can love it. All I wrote here is can be cited copied as you like. If you find it useful, let me know if you don't find it useful you will stop reading. That's a deal.

But Facebook gets your data and they then have it. I do not believe a second they will not make use of the data. Oh yes they will not be that stupid to hand out the data. (too much worth to treat them just once) but they will give each who ask some information. And combining just the public available information is at least a good starting point to get to some conclusions.

And now I take of my gloves. The going public has a smell. A stinking one. And it shows really how stupid men are in masses. How an one treat a 1 billion earning company with a value of above 100 billions? This is absolutely stupid. And even more stupid were the first signer of options on facebook base price well beyond 60 US$. I just can hope it was non-banking money. If it were banks, well you know what will happen then, the next bailout. So just can hope the stupids really have to bear their losses.

I will not surrender and not give into this Facebook. It may go bankrupt and I would be happy it has. If you feel I'm attacking you, well yes I do and it's my opinion. Do what you like, it's your live and your data. Anyway I can name something stupid if I thin it is. I may be wrong. Maybe it's me who's stupid. May all be, but my data are mine not theirs.

F Dominicus Blog : I do not like

Sometimes I'm glad that I'm not "in"

Confessions