Good News re: Bubble 2.0

I have been saying that it’s not a bubble until uncle Henry and aunt Alice are building up pets.com storck in their 401K.  A couple of months ago, I had called the IPO filing of Classmates.com the first sign of a new internet bubble.

Well, the IPO is pulled.  Henry and Alice can relax.  It’s still not a bubble!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s