half of americans think facebook is a passing fad: poll before ipo

according to the results of a new associated press-cnbc poll, 50% of americans think facebook is a passing fad and half of those polled also say the social network's expected asking price is too high. facebook has increased the price range of it's ipo to between US$34 and US$38 per share from an initial US$28 to US$35 per share in response to very strong demand and is expected to raise more than 10 times as much as the US$1.67 billion raised in google inc's 2004 ipo. my comments: whether u believe facebook's share is fairly valued or over-valued, only time will tell but every investment carries risks. but it is surely the other way around for insurance where the risks are transferred to the insurer/re-insurer through the payment of a premium. and therefore the question arises, are u under-insured or worst, uninsured?