[attlawqa]

I would never invest in .com that didn't either sell a tangible product or provide a service that I saw as being useful in the long term. Facebook doesn't produce their own content, and many of their attractions could migrate or be replicated easily elsewhere. For example, Zynga could launch their own site or partner with whatever the next big thing in social networking is. Facebook relies on being popular to live.

Facebook is Paris Hilton... I like it.