Sunday, May 22, 2011

With No TWIT or FABOO in Sight, Wall Street Gorges on LNKD

With No TWIT or FABOO in Sight, Wall Street Gorges on LNKD

With No TWIT or FABOO in Sight, Wall Street Gorges on LNKD

Posted: 21 May 2011 05:00 AM PDT

Rivers of drool run down Wall Street every time a plausible rumor about a Twitter or Facebook IPO comes around. It still hasn't happened -- both are still private companies -- but it's been a topic of conversation for years, and it speaks to investors' hunger to pump money into the world's top social networking sites. This week, investors didn't get a chance to buy shares of FABOO or TWIT, which is what I assume their ticker symbols will be when and if the day comes. Instead, they got to take a crack at those networks' uptight, workaholic cousin, LinkedIn.
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