Agreed, and good reminder that a lot of people here have probably only learned about the dot-com crash from comments and history. I remember when Cisco had a P/

Agreed, and good reminder that a lot of people here have probably only learned about the dot-com crash from comments and history. I remember when Cisco had a P/E in the hundreds during that era. People have forgotten just how stratospheric some of those valuations were back then. I hate to say "this time is different", but it really doesn't feel the same way, at least in public equities. nvidia has a high stock price, but they also have a P/E of ~36. Meanwhile, modern Cisco is ~27. There might be some parallels though. OpenAI as modern Netscape might not be that far off.