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One strong argument we aren't in a new tech bubble: earnings and revenue multiples for the...

One strong argument we aren't in a new tech bubble: earnings and revenue multiples for the sector at-large remain reasonable. But while the sector as a whole may not sport high multiples, valuations for certain names such as Salesforce.com (CRM), Baidu (BIDU), and LinkedIn (LNKD) are close to those found during the 1999-2000 bubble.
Comments (4)
  • There is old tech, which is fairly valued - Cisco, Oracle, HP, SAP, Dell and so on and there is new internet related tech, most of which is overvalued or an outright bubble. May be they should be looked at separately.
    8 Jul 2011, 10:57 AM Reply Like
  • watch for Jim Cramer to pump up CRM and BIDU
    when cramer pump is on, it's hard to short those stocks
    if Cramer says sell, you should be scared
    8 Jul 2011, 11:31 AM Reply Like
  • P/E (price/GAAP-earnings) fy11e is 15,600x now.

     

    "Only two things are infinite, the universe and human stupidity, and I'm not sure about the former."

     

    Albert Einstein US (German-born) physicist (1879 - 1955)
    9 Jul 2011, 03:18 AM Reply Like
  • for CRM SALESFORCE.COM

     

    Accounting fraud!
    9 Jul 2011, 03:19 AM Reply Like
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