Professor Elam

May 23, 2011, Monday

An alert Tx A & M SA Student e mailed me suggesting LNKD was overpriced. 

Indeed, the MySpace experience suggests that investing in social media can be much harder than it appears. 

Gee what happened to Netscape, Lotus, WordPerfect, hmm all near gone or Atari from decades back. Investing in any high tech idea is risky at best. And with everyone now paying up, that suggests expectations are over the top in terms of what might be actually achieved