When I claimed BlogShares for this blog on May 18th, there were 5000 shares priced at around 50 cents.  Since then it shot straight up Internet-style and I, intending to keep it affordable, kept splitting it when ever it rose above a dollar, sometimes even twice a day.  Today, mere nine days later, there are 640,000 shares at 70 cents each.  BlogShares is a funny magnified reflection of the dot com years.  Ah, the memories come rushing back.  P/E?  It's 97.73 just now.

Could Dot Com Bubble happen again?  You bet.  IMHO, we are incapable of evolving out of phenomenons like the Dot Com Bubble.  People who think otherwise are just high on intellect.  Same thing with wars, communism, fascism, and jihads/holywars.  In fact, I believe the world has become far more unstable than, lets say, twenty years ago.