Quote Originally Posted by Kraco View Post
I thought the IT bubble burst a long time ago. Some companies are so rich they can purposefully build another bubble. Jolly good for those who manage to cash it all in before that happens.
Almost exactly what came to mind (shame I got to spread some rep). Not even a month ago I had a discussion about how IT companies are breaking records about purchases, adquisitions, capital increases and credits from banks. In my opinion (not expert one) this could be explained in two ways: Soaring inflation that makes value and price to detach or bubble.

Verizon and Vodafone comes to mind. If you take a look at the "price" they are paying for those adquisitions and the revenues, actually profits should be more appropriate, of the companies it would take like a century to get the investment return from those operations.