C.They will be sold in small quantity and high quality.
D.They will be redesigned to cater to the masses.
Passage Two
Questions 61 to 65 are based on the following passage.
It would be all too easy to say that Facebooks market meltdown is coming to an end. After all, Mark Zuckerbergs social network burned as much as $ 50 billion of shareholders wealth in just a couple months. To put that in context, since its debut(初次登台) on NASDAQ in May, Facebook has lost value nearly equal to Yahoo, AOL, Zynga, Yelp, Pandora, OpenTable, Groupon, LinkedIn, and Angies List combined, plus that of the bulk of the publicly traded newspaper industry:
As shocking as this utter failure may be to the nearly 1 billion faithful Facebook users around the world, its no surprise to anyone who read the initial public offering (IPO) prospectus (首次公开募股说明书). Worse still, all the crises that emerged when the company debuted-overpriced shares, poor corporate governance, huge challenges to the core business, and a damaged brand-remain today. Facebook looks like a prime example of what Wall Street calls a falling knife-that is, one that can cost investors their fingers if they try to catch it.
Start with the valuation(估值). To justify a stock price close to the lower end of the projected range in the IPO, say $ 28 a share, Facebooks future growth would have needed to match that of Google seven years earlier. That would have required increasing revenue by some 80 percent annually and maintaining high profit margins all the while.
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