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The Stock Market Hates Technology
The Wall Street Journal published an oped by Yono mark in august 20 11, right before the uber deal goes down. The piece itself lige is kind of a master work of arguing this ther iis no bubble thesis. Apple has a p e ratio of around 15 point two, the same as the broader stock market,. despite apple's immense profitability and dominant market position. Micro soptis 39, amazon 69.