I'd agree the P/E isn't the be all and end all of company valuations and I think you make valid points. I think whats more odd is that the article's argument s

I'd agree the P/E isn't the be all and end all of company valuations and I think you make valid points. I think whats more odd is that the article's argument starts out with something that I see as more of a straw man argument. I think if you're going to throw P/Es into the tech bubble discussion, you have to at least address the very high P/Es of the notable SV IPOs and why they are justified. I guess the initial point just comes off as somewhat off-point and disingenuous to me, whether its a bubble or not.