Cloud Computing: Bubble or Revolution?

Article available at Seeking Alpha:

• Few technology trends have captured as much popular attention as Cloud Computing. The level of hype associated with the ‘Cloud’ hasn’t been seen since the hoopla created during the Dot.com era. As a result, there has been plenty of debate about whether the Cloud Computing phenomenon is headed to a similar demise.

This quote is taken from a Seeking Alpha article by Jeffrey Kaplan, published in December 2010.

Just a few weeks after Jeffrey's comments, two separate but similar acquisition moves of cloud computing providers, made by Verizon (VZ) and Time Warner Cable (TWC), have investors wondering whether the multiples used in these transactions are a reminder of the past “bubble times” or the sign of a new revolution coming.