Washington Post: Are we in another tech bubble? And should we care?
July 16, 2014
Regular investors should be wary of jumping into tech stocks, said James Gellert, chief executive of Rapid Ratings, whose firm has a “bubble index” that it uses to judge new initial public offerings. “When track record means something again, it will be a good day for the IPO market,” said Gellert, who added that he thinks people’s perceptions of the tech industry as a sure thing will eventually change. But, he said, there is the potential for a big drop. “One shock to the system could see a disproportionate sellout in the tech sector,” he said.