[nemo44x]

It's across the board in technology mainly. Tableau was beaten down pretty badly until they recently made the case all too obvious they're ripping the cover off the ball.

Other names like Hortonworks (at IPO level today) and New Relic (great quarter, improved guidance but smacked down today) have had better than expected results and are not getting much love from the public markets.

If software was truly in a bubble we'd see biotech prices in the public markets where companies like Stripe would be valued at 12 billion right now.

I think it's a good time to begin collecting long term positions in some of these small cap tech companies that have been offering IPO's as they may not be "cheap" but they are massive growth stories and certainly and bubbly.

Some names have done well though like Tableau and Palo Alto Networks. It's a mixed bag.