"Every single person working in the media today who experienced the dot-com bubble in 1999 to 2000 believes that we are going through the exact same process and can expect the exact same resultsâ€"a bust. It's déjà vu all over again."
Dvorak's MO is to crap all over everything in the hope that he is eventually proven right. With regard to the last bubble, it's often lost in these rants that we saw companies like eBay, Google, Yahoo!, Amazon and literally scores of successful companies that we collectively use on a daily basis today (anyone plan using a travel agent anymore, how about your last 10 purchases... any online?).
Is there a bubble? Does it really matter even if there is? Maybe the bubble that enveloped Dvorak in the mid 1990's is what is permanently busted?
PS- It doesn't escape me that Dvorak's rants (e.g. the iPhone will bomb) are a tactic to drive page views as he increasingly becomes irrelevant in the broader marketplace.