Tuesday, July 18, 2006

United Press International -Analysts fret over new Internet 'bubble'

"Steadily rising levels of venture capital have some tech analysts worried that a second risky Internet bubble has developed.
The Los Angeles Times reported Sunday that some Silicon Valley observers believe speculative capital is once again chasing technically unsound ideas and that another shakeout like the disaster of 2000 could occur.
'The market has capacity for a certain number of successful winners,' Mike Hirshland, a general partner with Polaris Venture Partners, told the newspaper. 'Whether it's one, two or, if it's really exciting, three, is debatable ... but eight?' "

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