Investors Shouldn’t be Afraid of Breaking up Meta (Nasdaq: META)

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[00:00:04] Doug McIntyre: We have a potential, breakup of what you and I know as Facebook. They now call it Meta. I don’t know how they break that up. It may be that what they do is they take some of the Instagram and some of that stuff and then, keep Facebook second this alternative universe. I don’t think who, who wants that?

[00:00:30] Doug McIntyre: It doesn’t make any sense. Who knows? The thing that I’ve often found though is when you look at these companies, you remember this, they almost broke up Microsoft. They were with them, almost sure they did break up AT&T. Yep. And one of the things that I’ve found looking back in history is sometimes as a shareholder, you’re better for it to be broken up.

[00:00:54] Lee Jackson: Oh, absolutely. The, the Baby Bell owners were very happy.

[00:01:00] Doug McIntyre: So I don’t know that it matters as long as you can go on and use all these social media platforms, I don’t know that it matters to anybody other than people who hold the stock and listen, I’m telling you, if you own the stock, this will get appealed.

[00:01:15] Doug McIntyre: And, but don’t be surprised if you do way better than you thought you would if it just, everything stayed under one umbrella. So if Meta gets broken up, you may be better off than if it stays together.

[00:01:30] Lee Jackson: Well, and not only that, as we’ve had one of the quickest sell downs I’ve seen in the 35 some odd years I’ve been in this racket, meta was one of the only of the, the magnificent seven that really hung in there good. Yeah. If shareholders get pieces of Meta, they could very well end up being more valuable. I totally agree, Doug.

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