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A comment on The Economist Debates: Are we in a new tech bubble?.

Re:The Economist Debates: Are we in a new tech bubble? by hugh3 on Tuesday June 14, 2011 @01:47PM (#2653952)
When even the guy making the "against" case opens by saying

I am not arguing that Netflix, Salesforce.com and LinkedIn are not overvalued; I am simply arguing that their valuations have not become completely divorced from any rational thought. If they have not, we have not taken a major step towards a bubble.

that's starting to sound kinda bubbly. "Not completely divorced from rational thought" is kinda on the faint-praise side.

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Re:The Economist Debates: Are we in a new tech bubble? by sabat on Tuesday June 14, 2011 @01:53PM (#2653979)
Perhaps, but "kinda bubbly" is many degrees of separation from the kind of "bubbly" that was going on in 1999. So calling this "another tech bubble" is disingenuous because, frankly, it just doesn't compare in degree of irrationality.
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Re:The Economist Debates: Are we in a new tech bubble? by mahyarm on Tuesday June 14, 2011 @01:58PM (#2654003)
So as he basically says, we are probably close to the start of a bubble (the mania phase).
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