Called Linkedin News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Fear. once little own professional site called linkedin, red-hot and now similar sites like facebook and groupon teed up and supposedly ready to go. before you get ready to party like it's 1999, my buddy for now, charles payne says remember what happened the year after 1999, charles, what's your concern? >> the year after 1999, in march of 2000, a company called world online went public and they went public 12 billion dollar valuation and the ceo sold all shares 60 million dollars and that was the beginning of the end. a company that did 15 million last year with 10 billion dollar market cap. ...

Next. >> he'll be lonely. >> i'm worried about it. >> the echo chamber, and neil cavuto and-- >> boy, big and deep. >> that's enough. we're going to take a break here. linkedin, a new wall street darling has them partying like it's 1999. ♪ .

I would have gotten some of that, but other than that it's a bubblicious right now. >> okay, what do you think. >> when you have interest rates, i mean, the same thing that happened back during the tech bubble between 19 march of 2000. when you have interest rates near zero people will reach for you and they'll invest in things that aren't worth what they should be worth and you can't help it. where are you going put your money, buy a ten year bond in that's why linkedin sells at market cap. >> you're comparing people looking for yield to somebody buying a company. >> the reason why people are...

Valuations. >> is this sort of for shadowing a bubble in the making. >> absolutely. >> neil: you think it's a bubble. >> yes. >> because we have the same macroeconomic conditions as we had back then. really low interest rates and lack of alternative investments and why people reach for yield or growth. >> you know what? the reason it's not as insane as it is, because we're having this very discussion because everybody wanted in and they never asked the question and that's why-- >> we had that discussion. >> we always say that history never repeats itself. >> one i think this i will say though,...

Latest updates on this topic from reliable sources.