Tech's Cloud Burst, Warning Sign?

In other words, prices are being driven down and there's only so much these firms can do to compete for business, adds host Melissa Lee.I have no opinion of where valuations in cloud stocks should be, adds veteran trader Gary Kaminsky. However the catalyst here was the bidding war that erupted for 3PAR. Investors who go into these stocks looking for the then takeover are typically late to the party.

Trader disclosure: On Oct. 6, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC's Fast Money were owned by the Fast Money traders; Pete Najarian is long calls; Pete Najarian is long stock; Pete Najarian is long put spread; Pete Najarian is long call spread; Pete Najarian is long stock; Pete Najarian is long call spread; Jared Levy is long; Jared Levy is short; Steve Cortes is short; Steve Cortes is short; Steve Cortes is short Mex. Peso; Steve Cortes is short Euro; Steve Cortes is short; Steve Cortes is short corn; Steve Cortes is long German bonds