Analysts Wary of LinkedIn’s Stock Surge

Best part of the story:<p>"Price-to-earnings comparisons for other hot Internet companies, like TheGlobe.com or even Netscape on their opening days, are difficult as they did not have any earnings."

To those who are thinking about shorting it when that becomes available:<p>If you buy LinkedIn at $100, the most you can lose is $100. But if you short at $100, your loss can be infinite.<p>As a short seller, you could run out of money before the promoter(s) runs out of ideas.<p>Being short a stock, while seeing some promoter taking the stock up would be quite agonizing.<p>You may be right about it being overpriced, but that's not enough. When it comes to shorting, it's the timing that you have to get right. And that's really hard.<p>It's okay to just sit this out.

LinkedIn was smart to go public before Facebook.<p>However, $8B for what essentially amounts to a glorified harassment tool for recruiters is a bit ludicrous.

$15 million profit, $8 billion valuation<p>LOL

<i>"Linkedin IPO: net revenue $100M, market cap $4B. Google IPO: net revenue $800M, market cap $24B."</i> <a href="http://twitter.com/akkartik/status/72519743835348992" rel="nofollow">http://twitter.com/akkartik/status/72519743835348992</a><p>Seems pretty reasonable.

LinkedIn were played here. That valuation was insane they reminded me of those tech companies like Excite who went down the drain. On the other hand Facebook's strategy was really conservative and wise for not going public yet.