As Facebook Stock Debuts, Broward Locals Debate Company's Prospects

A quiet west Broward Starbucks was far removed from the hype, tension, and dash for cash of Facebook’s much-ballyhooed debut on the stock market Friday – and computer users there were largely leery.

“I think Facebook’s overinflated,” Jeremy Miranda said. “I use Facebook to stay in touch with friends and family, but I also use other social media websites, so it’s not the only one out there."

While hundred of thousands of investors big and small scrambled to get a piece of the social media giant, Elizabeth Boulet said she thinks Facebook is already dying down.

“And I think more social media would be like Twitter, or Instagram, or things like that – or quicker-paced things,” she said.

Facebook’s IPO, eight years after the company was started in a Harvard dorm room, was one of the most anticipated in recent years. Its stock was priced at $38 and bounced around in the $38 to $42 range before closing at $38.23.

That was no skyrocket at all, but Josh Wallace was optimistic about Facebook’s stock.

“If you can get in at that price, it’s going to go nowhere but up. It’s the age of today, so get in while you can,” he said.

Related: Living in a Facebook World

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