October 1, 2014
NEW YORK (AP) - A new Associated Press-CNBC poll shows half of
Americans think Facebook is a passing fad. And, in the run-up to
the social network's initial public offering of stock, half of
Americans also say the social network's expected asking price is
More than 40 percent of American adults log in to the site -to
share news, personal observations, photos and more- at least once a
The company Mark Zuckerberg created as a Harvard student eight
years ago is preparing for what looks to be the biggest Internet
Just a third of those surveyed think the company's expected
value is appropriate, 50 percent say it is too high.
Half the people surveyed say they think Facebook is a good bet,
while 31 percent do not.
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