Author Harry S Dent suggests "Large and small cap growth stocks, especially technology, are going to take the stage again and lead the next bubble driven by the second stage, or maturity boom, of the S-Curve technology cycle in Internet, wireless, broadband and digital devices. "
I am sure that you have heard about the acqusition of Skype by EBay. There is extensive commentary on the internet and I do not plan to reproduce that content here. I would like to highlight the valuation paid for this company. Is this the start of a technology boom?