“While the media circus around ‘the cloud’ continues and another baby-faced 20-something CEO gets ready to ring the opening bell on Wall Street, investors need to start getting real about the current bubble in tech stocks. Here’s a heaping helping of reality to get you started, direct from Box’s filing with the SEC: ‘We have a history of cumulative losses, and we do not expect to be profitable for the foreseeable future.’ If that’s not bad enough, the company plans to raise just $250 million in its IPO — not even enough to cover two years of losses at the current cash bleed. Like many Silicon Valley firms, Box is implementing a dual class structure. I mean, what could go wrong?”
http://www.marketwatch.com/story/cloud-computing-the-next-tech-bubble-2014-03-27
Tip Freedomwat.ch Staff with Bitcoin