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Nasdaq Fails to Appease Facebook Losers

Nasdaq's plan sent the New York Stock Exchange, which lost the Facebook IPO to the Nasdaq, straight up the wall, complaining that means Nasdaq will be rewarded for failure with more business.

Sanford Bernstein, mostly a smart cookie, put a $25 price target on the stock Monday citing the "material risk" of whether or not the company can meet its 2013 forecasts because of decelerating ad earnings.

Maureen O'Gara the most read innovation reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected innovation reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

More information: Sys-con