Facebook, underwriters sued over "secret" changes to revenue forecast

By Shawn Knight · 10 replies
May 23, 2012
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  1. Facebook's record-setting IPO was the talk of the town leading up to last Friday when shares were made available for purchase on the NASDAQ. To say that the process went...

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  2. To say that the process went smoothly would be the understatement of the century”
    I don’t often comment on people’s writing however understatement implies that the event is being sold short, or not built-up enough. With the problems encountered during the IPO, I believe misstatement would be more appropriate.
    An understatement would be along the lines of “to say the process didn’t go too smoothly…”
  3. psycros

    psycros TS Evangelist Posts: 1,794   +1,202

    Edit: "<I>didn't</I> smoothly".

    Wait, Morgan and Goldman Sachs involved in a <I>stock scandal</I>? It can't be! Four years later and still not a single indictment or arrest. Nothing but huge bonuses from the companies they plundered and hot air from DC. America the Stolen.
  4. psycros

    psycros TS Evangelist Posts: 1,794   +1,202

    Edit of edit: "<I>didn't go</I> smoothly". (I swear this site's comments sometime drop small words like "go" and "to". Is it my HTML...?)
  5. Tanstar

    Tanstar TS Evangelist Posts: 600   +169

    I see the incorrect turn of phrase has been mentioned. I was very confused when I read that on the front page, then followed the link to see the article saying the opposite of "saying the process went smoothly would be the understatement of the century."
  6. Facehook sux. I care about ownership of my personal information, photos and thoughts. I do not communicate with complete strangers. I have an independant brain and do not follow the pack. My friends are real, touchable people. Mark Zuckerberg is nothing but an opportunistic thief. He values your information at $100 but you at $0.

    Enjoy the fall of Facehook and the unstoppable rise of Google. I will.
  7. gwailo247

    gwailo247 TechSpot Chancellor Posts: 2,010   +18

    Your implication is that people care about Facebook as a brand the same way they cared about MySpace as a brand. They don't. Facebook = MySpace. G+ = Facebook.. X? = G+/Facebook

    People are going to move to whichever format provides them access to their friends. I have 10 times as many friends on FB as on Google, so I'm staying on FB. If they all move to G+, I'll consider moving.

    NTAPRO TS Evangelist Posts: 809   +102

  9. Right...............
    And google don't do any of that? google are a nice company who protect your data eh...........?
  10. "Would be the overstatement of the century."
  11. another ripoff by the wall street .
    When they stop this greed!

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