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Prof. Aswath Damodaran on Facebook's stock price

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Excerpt from The Wall Street Journal -- "Mr. Damodaran sees Facebook as worth between $25 and $30 a share. The shift to mobile advertising doesn’t excite him because that is integral to the 40% or so revenue growth that analysts project for the next few years. 'You’d need evidence that Facebook is entering a new business' to raise those forecasts, Mr. Damodaran says. 'Nothing that Facebook has said in their quarterly reports leads me to believe that’s changed.'”

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