Bubble Watch: The Facebook IPO Is Rumoured to Be Coming Out

Morgan Stanley is taking the lead.

Will it be NAS: FB or NYS: FB?

The filing is said to be coming this afternoon.

If it does come out at $100 Billion I think it is more than fully valued. You would have to go back to the tech bubble for growth comps in that range.

And Facebook is certainly no Google or Apple.

But it is a mistake to underestimate the greed and gullibility of people