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No Tech Bubble Here, Says CNN: "This Time It's Different."

Posted by timothy on from the don't-forget-apple dept.

ErichTheRed writes I saw this on the Money page of CNN today. Apparently, various stock analysts have declared that this run-up in stock prices is different than the 1999 version. OK, we don't have the pets.com sock puppet, Webvan or theglobe.com anymore, but when Uber is given a valuation of $40 billion, can a crash be far behind?

3 of 252 comments (clear)

  1. Fool me once, shame on you... by Anonymous Coward · · Score: 5, Insightful

    ...Fool me twice, shame on me.

    This is wise advice when discussing the Wall Street crowd.

  2. Round and round. by MouseTheLuckyDog · · Score: 5, Insightful

    I remember in 1998 hearing the experts all say "This time it's different we won't crash."

  3. No bubble? by msauve · · Score: 5, Interesting

    If you think Uber is worth $40B, or Instagram worth $33B, I've got some tulip bulbs to sell you.

    --
    "National Security is the chief cause of national insecurity." - Celine's First Law