The timing of that is one might say

Facebook s valuation was explained to me by people I consider smarter than me as valuation of its database. The same thing is being said about Whatsapp. So now FB has a huge mine of data. Reminds me of the California Gold Rush. The only ones to make money out of it were land owners shovel vendors and Levi. NOL PERREIRA OWNER PERREIRA PROPERTIES Remembbering back to and an attempt o be a broker at Paine Webber I remember the pre bubble days.

Though I have a couple of Science Emgineering degrees and had worked with computers from I could not find it in me to convince people to invest in companies selling at astromaumical multiples of sales not to Chinese Overseas America Number Data speak of P E ratios belonging in Oz. We are clearly in bubble territory now. But what will prick the bubble  whimsical. I think the initiating event which could occur at any time will be something that awakes the investor that there is a real time value to money and it might be better to get some current returns dividends . Managing a family trust for income has not made me indifferent to growth just more cautious. S K KOTWANI VICE PRESIDENT INDUSIND BANK LTD. I believe we should not compare the current stage of dot with the one prevailing in.



Dot is now an widely accepted mode of business with millions of transactions taking place day in and day out. So the question of dot bust does not arise since it is now an additional channel of technology enabled business to enter into transactions as a complementary to existing modes like face to face etc. The valuation is based on investment in technology that has enabled reach to wider community and its acceptance and hence expected revenues.