However, Dan Olds, an analyst with The Gabriel Consulting Group, had a totally different take on Facebook's stock numbers. He contends that Zuckerberg played the stock market really well.

By setting the stock price slightly above what the market seems willing to pay right now, Facebook ensured that the maximum amount of money went to Facebook and its people who were selling the shares, not the investment bankers.

"All these people are complaining because there wasn't a big price pop on the first days of trading, but a big price pop means that the company selling the stock left money on the table," said Olds. "Facebook didn't directly sell the stock to investors. They sold it to the investment banks, who bought the whole lot of it and then they sold it to the market. So the investment banks are the ones taking it on this one."

Sharon Gaudin covers the Internet and Web 2.0, emerging technologies, and desktop and laptop chips for Computerworld. Follow Sharon on Twitter at , on or subscribe to . Her email address is .

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