mmmm The School of Red Herrings
 
 

"The current uncertainty in the investment climate reflects pessimism regarding technology and Internet companies as well as a collective inability to value technologies that are imbued with discontinuous change.

"Moreover, this uncertainty contains numerous false assumptions--the red herrings--that serve to mislead the markets and prolong the mood, discouraging investment in technology companies for the wrong reasons.

"These false assumptions underlie many of the decisions that companies, investors and individuals are making, and the decisions will prove to have less than optimal results.

Read the article and see if any of the herrings are swimming in your head ;-)