Facebook Frenzy Continues: Tech Weekly

NEW YORK (TheStreet) -- The Facebook frenzy continued this week, as the social networking giant caused yet more commotion ahead of its IPO later this month. With the Facebook IPO imminent, Wall Street analysts are flocking to rate the social networking phenomenon. Several analysts, including Wedbush's Michael Pachter, put ratings on Facebook, noting that the company holds tremendous amounts of data that it could turn into major revenue.

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    High demand and low supply will guarantee a succesful IPO, but what are the implications of the IPO on tech M&A overall ... As long as the Facebook user base continues to grow, advertisers will be drawn to the platform as a way to reach a valuable demographic.
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  • Mad About Facebook!
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  • Valleywag
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