Facebook IPO Is `Story of a Generation,' Kumar Says

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May 15 (Bloomberg) -- Ashok Kumar, senior technology analyst at Maxim Group LLC, talks about Facebook Inc.'s decision to boost the price range on its initial public offering to seek as much as $12.8 billion and the outlook for investor reaction to the IPO. The new price range is $34 to $38 a share, a regulatory filing today shows, indicating a market value of as much as $104.2 billion. Kumar speaks with Mark Crumpton on Bloomberg Television's "Bottom Line." (Source: Bloomberg)


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