> Well, as long as the stock is overvalued, FB can make all sorts of purchases. But that simply won't last. The ROI on its purchases are fairly poor. Instagram

> Well, as long as the stock is overvalued, FB can make all sorts of purchases. But that simply won't last. The ROI on its purchases are fairly poor. Instagram is a big exception to this, Facebook made out like bandits. It was bought for $1b without any revenue and after massive growth and a trip through the Facebook advertising machine it is bringing in cash hand over fist. Current analyst reports peg it at over $3b just this year. But yea, it will be a while before they earn back the cash for Whatsapp or Oculus.