Facebook is a fad, says Joe Public

As investors clamour for Facebook stock – on sale tomorrow (May 17) – it seems the man on the street is less convinced.

Does he know something investors do not?

While Facebook boosted the price range of the deal to $34 to $38 a share this week, a survey revealed most people think Facebook a passing fad.

CNBC and the AP surveyed 1,003 Americans about Facebook and found 46% think it will fade away. Amusingly, only 31% of the people surveyed think it’s a bad investment.

Let’s go to the charticle.

Posted in: Infographic of the day, News

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