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a bubble stock will burst soon

It's the type of corporate mystery that has become all too common for ASX-listed tech stocks -- why is there so much hype around a company when its financial performance is so meagre.

Take Brainchip. The company that is proming to produce computer chips that mimic the workings of the human brain reported in August a $6.86 million loss on revenue of just $13,397 for the half year ending June 30 -- an 80 per cent drop on revenue generated in the prior first half.

The report also outlined circumstances which would cast uncertainty on its ability to continue as a going concern.

Two weeks later the market valued the group at more than $1.5 billion.

The stake held by BrainChip's Perth-based founder and chief technology officer, Peter van der Made, had soared from $8.8 million to more than $170 million in a matter of months.

Even by the standards of the current market frenzy it was an astounding run and BrainChip chief executive Louis DiNardo did not hide his bemusement.

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