Here comes the bubble, redux
Some months back I raised a cautionary flag over what I considered to be the excessively high valuation of VMWare (“Uh oh…Tech Crash 2.0?”). I got caught in the original (though largely unacknowledged) tech crash in the 1988-1991 time frame and so was able to see (and avoid) what is largely (if incorrectly) termed the First Tech Crash that started a few months into 2000 (I believe Nasdaq peaked in March 2000).
This video, which manages to be clever, funny, and dead-on all at the same time, sums up other people’s fears about where we’re heading:
Hat tip to The Secret Diary of Steve Jobs (which also manages to be clever, funny, and dead-on all at the same time). ..bruce..
Category: Commentary, Economics, Humor, Information Technology, Main, Mashups, Pitfalls, Recession Watch, Video