Another Technology Stock bubble?

[erpowers]

Does anyone at DU think there is a new technology stock bubble? With the news of IPOs from companies like Pandora and Linkedin I have begun to wonder if they there is another technology stock bubble. As far as I know during the technology stock buble of the 90s technology companies were putting forward IPOs even though they had never made a profit. It seems that similar things are happening again. Pandora, an internet radio company has put forward an IPO even though it has never made a profit and the CEO of the company has said he has no plan or time line for when the company will make a profit. Linkedin is similar to Pandora. It has not yet made a profit, but it put forward an IPO.

It seems that other companies that are going to be offering IPOs are in similar positions. They either have not made a profit, are losing members, or it is not clear that the companies will be around in a few years. So, does anyone think we are in the middle of or at the beginning of a technology stock bubble?