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Old 06-01-2007   #1
Hell Puppy
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Default Re: Are we in another tech bubble?

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Originally Posted by rhetorical View Post
Interesting.

And I think we may see a pull back of stock prices later thisyear as things shake themselves out.

I dont know that we're poised for a burst like 2000 however because the valuations then were just so absolutely insane. There are some in that stratosphere now, but not hundreds like in 2000.

How many people bought stock in companies back in 1999 that had market valuations that were much higher than many of the DOW components even though the companies had never made a dime and had no plan to even become cash flower positive?
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