Hype is the word that describe activity of majority of investors as of now, at least minoritary ones. Not really much to say about it.
And I don't think it's exclusive to tech sector. Compare it to, say, shale oil and gas investment in US. Investment into shale oil fell from the cliff in late 2008 and was replaced by exponential growth of investment in shale gas, that beat previous record of sector's gross capitalization only in two years. Now I'm just wondering when the bubble is going to burst and people start to whine about unreliable industry analysts.







