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With all of the funny-money out there in the market place, thanks to the central banks the world-over, people are taking risks that they otherwise may not have made. Specifically here, we’re discussing recent IPOs into the markets. This is rather reminiscent of the Dot-Com era where investors were more concerned with revenues as opposed to profits. Well a lot of these IPOs have revenues, but they don’t have profits – where might this be headed? We also have an additional discussion concerning overall market- cap valuations and asking if they are sustainable?
