Since Facebook's ruinous IPO, the in-boxes of tech reporters
have been flooded by PR firms pitching hundreds of "industry
experts," all offering to assess the company's long-term potential in
exchange for a little ink. But only one
pitch — from the legendary mentalist the Amazing Kreskin — promised a no-fail
look into Facebook's actual future. So we called him.
"I'm not a financial expert by any means," Kreskin
said as a caveat to our call. "My work really deals with how people are
thinking, and tuning in on your thoughts."
Nevertheless, the Hollywood mentalist (don't call him a psychic) agreed
to take our Facebook-related questions. He said he had gotten interested in
Facebook recently, after hearing whispers at parties about the company's IPO.
"As I studied more and more and listened, it was almost
like a cartoon character that made a hit in the movies, and suddenly there was
a cast over the character." Specifically, Kreskin honed in on Facebook
co-founder Eduardo Saverin's move to Singapore, which brought howls of tax
evasion motives. As a result of Saverin's karma-unfriendly move ("a
crappy action!" Kreskin howled), Facebook's IPO had "a little bit of
a shadow on it that’s going to be a corrosive factor."
Kreskin called Mark Zuckerberg a young man of
"staggering success," and predicted that Facebook's stock price, now
down to $27 from an initial price of $38, would recover in the coming days. But
he urged investors to think long-term. "It’ll
level off in ten days," Kreskin said of the stock price, "but in six
years Facebook will not exist the way it does today. The service it’s giving
today, we won’t need it then. Everyone will have their own Facebook….."
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