[einhverfr]

I agree. It seems to me that a bubble exists where there are expectations disproportionate to performance. I don't see why ANY of the points the article mentions rules out a tech bubble.

Granted I dont think we are in the same sort of tech bubble we were before the .com crash, but you can only learn so much from studying history. Events rarely repeat themselves exactly. All you can get are general cautions. One caution is to be careful about business models and so forth, and I think that this means being caution about Groupon, Pandora, etc.

Yes, I think we are in a tech bubble, just a different stage and a different sort than last time.