Gadgetory

Facebook's IPO expected later this week has whipped the financial world into a frenzy it's a company that everyone knows that everyone uses and will be a valuation and amount of money that has never been seen from an Internet company so the hype is everywhere it's never been this big before just how big is big some analysts are predicting that Facebook could be worth as much as 100 billion dollars a price that cnet's Paul Sloane says as hyper-inflated given the nature of Facebook's business from Wall Street standpoint it's really really expensive but no one on Wall Street wants to be left out so it's going to be hugely popular and will probably do really well what it does after that we have no idea because Facebook has to create a business to actually live up to that 100 billion dollar valuation that it will likely go public a few other internet companies have attracted this type of attention when they went public not even Google in 2004 or yahoo in the late 90s it was a good company it's nothing was a flash in the pan of the rocket ship came back to her analysts say it's the social media tech companies that went public in the last two years group on LinkedIn and Pandora that could act as bellwethers for how Facebook will fare when it debuts Zynga for example saw early success and now months later struggles stock went up to 14 14 now it's below 8 it's lost about forty five percent of its value in the last six or seven weeks and that's a really bad omen for facebook and that's exactly what Wall Street in the investing community won't like in San Francisco I'm Kara Tsuboi cnet.com for CBS News