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Old 02-05-2012, 12:29 PM  
DVTimes
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Join Date: Jun 2003
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If you're in a position to lose a chunk of money and want to speculate on Facebook, go ahead

It's the year's hottest initial public offering, but some wealth managers find themselves having a hard time recommending Facebook to their clients.

The world's biggest social network is expected to seek a $75 billion to $100 billion valuation in its IPO, the most anticipated stock offering from Silicon Valley since Google Inc went public in 2004.

At Granite Investment Advisors in New Hampshire, Chief Investment Officer Scott Schermerhorn has already been fielding queries from clients eager to get in on the action.

http://www.dailymail.co.uk/news/arti...ate-ahead.html
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