Joined May 7, 2012
203 Blog Posts

$FTNT on watch

$FTNT is down in sympathy with $CSCO. Looks like it just broke the bottom of a channel with support around 20.

I will leg into a position starting around 22. Strong management (Ken Xie who sold NetScreen to $JNPR for 3.5B), good recurring revenue subscription model and Gartner Tech Quadrant leader. $FTNT is the real deal. I like their story and I like them around 20-22.

NINJA EDIT: If $HPQ could have kept it’s shit together I think they would have made a play for $FTNT.

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How I Feel About Your Face(book)

Facebook says mobile users will hurt their ad revenues the same day they announce a Facebook App Store.

Why an App Store when Facebook admits that the mobile experience is becoming the default experience for users (a MOBILE experience that is decidedly not Facebook friendly)? Because once a dumbass Facebook user signs up for an app, that app has access to their information AND every one of their friends. So screw the user experience, let’s focus on sharing your information and profit! It’s called digital sharecropping and as long as the user feels the good outweighs the bad users will ignore the downside. Once Facebook goes public and they can’t hide the devious shit they pull people will get a clue, then it will be gameover. Facebook is a game changer all right, a game changer for privacy.

Facebook is the AOL of 2012. It’s trying to be the Internet, but it will fail and it will fail spectacularly. Apple and Google have App Stores. Facebook, you are too late and you suck at life. Fuck off with your half hearted attempt at a Facebook App Store so you can snoop on our friends and steal our information.

The Facebook IPO will be laughable. Either as a DOA basket case of a stock or as the straw that breaks the global economy back.

Scared yet? You should be. Oh, you should be.

This is how I feel about Facebook.

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The Facebook moment

Facebook is a piece of shit. It has turned the Internet into AOL and will take a long time for everyone scrape the remants of this closed system from the bottom of their shoes, but it will happen.

Facebook is not a new paradigm. In fact, anytime someone says “new paradigm” you can be guaranteed it is indeed, not a new paradigm. Facebook is a part of the Internet where people share their personal information so they can feel superior to the people they know who also share their personal information. It’s classmates.com 2.0.

When Facebook goes public the stock will likely POP as every dumbass Farmville expert will buy shares on the open market in between liking pictures of their friend’s dogs licking their own balls.

Then, once Goldman Sachs has reached the limits of their vampire squid bellies they will detach their lamprey like sucking tentacles and Facebook will deflate like a retired stripper’s breast implants in a 20mph head on collision.

The Facebook moment will be over. And good riddance. Social Media is a new paradigm only if you are selling framed pictures of people’s cats.

I say all of this after receiving several lessons the past week in the power of Facebook marketing. People I know and respect have taught me that Facebook marketing is far superior to Google Adwords et al. Frankly, I was blown away and also….Guess what, I don’t care. Facebook is a closed system run by a boyish CEO who blew $1 Billion on a “neat-o” picture site because you willingly fed his monstrous privacy dissing ecosystem of bullshit. Facebook has profited immensely, but they have never evolved.

The Facebook moment I am waiting for is not when they go public. I am waiting for the moment when the rest of the world wakes up and realizes that Facebook sucks, closes their account and the King of Social Networks  joins the likes of MySpace.

I would “like” that.


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