What changed
PRICE TO SALES RATIO FOR BIG TECH (NOT PRICE TO EARNINGS):
1. NVIDIA: 20X
2. APPLE: 10X
3. ALPHABET (GOOGLE): 11X
4. MICROSOFT: 10X
5. META: 7.5X
6. MICRON: 19X
AS SCOTT MCNEALY OF SUN MICRO SAID BACK ON 2002: "AT 10X REVENUES, TO GIVE YOU A TEN-YEAR PAYBACK, I HAVE TO PAY YOU 100% OF REVENUES FOR 10 STRAIGHT YEARS..."
THIS IS AN INSANE BUBBLE, EVEN BIGGER THAN 1999. — VIA @SVEMBU