Happy Friday!
It seems like everyone is having a crazy week. Sherri is tooling around New York, probably raising havoc. Julia London is going to run her race with a nail gun in her hand, Jacquie is being all weepy mother, alternating between sweet teary-eyed bouts of “I’m so proud of you son!,” and “Here’s how you’ll do your laundry…” Dee is on vacation in Arkansas, mingling with people who grew up with, who will look at her funny now that she *almost* talks like a New Yawker. Julie Kenner is herding girl scouts, flitting from concert to recital to lessons in Latin, and I am listening to more music this weekend than Beethoven’s momma EVER heard. Sigh.
I am SO glad that it’s Friday. I can’t wait for May to be done.
And I’m sure there’s another hard-partying group of geekers who are glad it’s Friday. The employees of Facebook. Today is the first day that Facebook shares (NASDAQ symbol: LIKE (just kidding)) hit the market today, expecting to be priced at about $100 something a share (if that seems cheap, it’s because there are like 8-gazillion shares).
For me, I don’t think Facebook can stand the test of time. It’s not *sticky* enough. There’s this idea that a consumer will move from one product to another unless a product is sticky. If a person actually invests in one product, then they will be loathe to move to another. In the case of Facebook, the only thing keeping people moving to another social medial platform is… nothing. So, my advice (worth approximately $.01) is to not worry about the Facebook IPO. Certainly the employees are going to be set for life, but as an investment vehicle? Meh.
Yes, the company is valued at $104 billion. With a b, and that rhymes with g, and that stands for Greece. In today’s really sucky news, Greece owes $541 billion (that’s five Facebooks), and things are not looking rosy for the Euro. Although if you’re thinking about traveling abroad, now is a really great time. The euro is about 1.27 to $1.00, which is cheap, cheap, cheap. Attention authors of Harlequin presents, I would avoid the whole Greek tycoon thing these days (although I said the same thing about Sheiks after 9/11 and look how right I was on that?)
No More Child Support Now...
And for more unhappy news, Disco Diva Donna Summer died yesterday. “Turn off the lights sweet darling…” Much like the death of Chris Matthews, this one surprised me by how much it hurt. As much as I *HATED* disco (and oh, I did hate disco), I have an odd fondness for the music now. It’s sort of like that awkward, skinny friend with glasses and zits that you don’t really want to be seen with, but you find yourself hanging out with on the weekends, because they’re SO funny and you feel comfortable being around them. Donna, I hate to say it in public, but I will miss you…
BoogieShoes
MacArthur’s park is melting in the dark
All the sweet green icing flowing down
Someone left the cake out in the rain
I don’t think that I can take it cause it took so long to bake it
And I’ll never have that recipe again… oh, no!
Which reminds me that I need to make a dessert and appetizer for Sunday… Note to self, do not use green icing, and do not let the cake stand out in the rain.
So, what about everybody else? Are you glad it’s Friday? Will you be buying Facebook stock? Are you travelling to Greece? Should Presents author find another more lucrative company to import their tycoons from? Russia, Germany? And what’s your fav Donna Summer song? Did you ever wear disco clothes?
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