Monday, May 23, 2011

Assessing LinkedIn's Value

The first of the social media titans to go public,LinkedIn has earnings coming very soon,says Walter Price of RCM Capital Management.It's not a crazy valuation.If we were just looking for a one day pop,it wouldn't be worth it.We'd like to build a position in the firm.
You just have to do your work,modeling the company.If it doesn't go for the right price,we're just not gonna buy it.You just have to read through the thick prospectuses.
LinkedIn is up to 100 million users.I think that's a real endorsement that it is a valuable product.The growth rate of the company is 100% a year.We think it'll continue to grow at a high rate,Mr.Price predicts.
RCM Capital Management is a global asset manager and a company of Allianz Global Investors.It seeks to deliver an information advantage to its clients from six international offices on four continents.
RCM's parent firm,Allianz,is a German multinational financial conglomerate that is especially prominent in the insurance industry.In the U.S.,Allianz trades on the over the counter pink sheets under the ticker symbol AZSEY.
LinkedIn(LNKD)

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