Is cloud computing the next tech bubble?
Grazed from MarketWatch. Author: Jeff Reeves.
Box Inc., the latest player to ride the wave of Wall Street optimism for cloud computing, just filed its S-1 this week to go public. But while the media circus around “the cloud” continues and another baby-faced 20-something CEO gets ready to ring the opening bell on Wall Street, investors need to start getting real about the current bubble in tech stocks.
Here’s a heaping helping of reality to get you started, direct from Box’s filing with the SEC: “We have a history of cumulative losses, and we do not expect to be profitable for the foreseeable future.”…

