I agree with this. You also have to realize that people attach a massive growth rate to FB - and this is partly what wall street prices in. There are 7bn people

I agree with this. You also have to realize that people attach a massive growth rate to FB - and this is partly what wall street prices in. There are 7bn people on this planet and at least 1/7th of them are "active" FB users. That's unparalleled. And that trend will continue. That is why you can't really apply relative comps/fundamentals to this company. On a personal note, I have to admit spending a little more time on both FB and FB mobile recently. The experience has really improved tremendously: delivering interesting content, connecting me to the restaurant or bar I am currently sitting, composing my pictures by "Moment". The FB force is undeniable. Another anecdote I like to think about is video views for the same video between YouTube and FB. FB simply crushes it with the number of eyeballs....