Dr. Stoxx On Mark Cuban's Tech Bubble: 'The Only Bubble I See (…) Is The Biotech Bubble'

As Benzinga reported on Thursday, billionaire, investor, businessman and Dallas Mavericks owner Mark Cuban compared the current state of the technology market to the dot-com bubble of 2000. According to a note posted on his blog (http://blogmaverick.com/2015/03/04/why-this-tech-bubble-is-worse-than-the-tech-bubble-of-2000/), the tech sector is once again in a bubble, which he believes to be even worse than the last one. Related Link: Mark Cuban: Current Tech Bubble Even Worse Than Dot-Com Bubble (http://www.benzinga.com/analyst-ratings/analyst-color/15/03/5302457/mark-cuban-current-tech-bubble-even-worse-than-dot-com-b#ixzz3TY06EjiS) The investment world went crazy over Cuban's remark and many analysts and specialists had something to say about it. Same as Ron Insana, who expressed his disagreement with Cuban on Thursday afternoon, Thomas Carr, aka Dr. Stoxx, weighed in on the issue. Related Link: Ron Insana On Mark Cuban's Idea About The Tech Sector Being In A Bubble: 'I Would Humbly Disagree' (http://www.benzinga.com/news/15/03/5303111/ron-insana-responds-to-mark-cubans-idea-about-the-tech-sector-being-in-a-bubble) Dr. Stoxx said he has "a hard time seeing a liquidity problem for Facebook Inc

and Twitter Inc

. How do investors lack a market for selling their shares?" -- he asks. Carr then explains: "in inflation adjusted terms, we are still 20% below an alltime high for the Nasdaq. The only bubble I see -- and it's significant -- is the biotech bubble. If in 2000 we had to worry about bloated 900+ P/E ratios, today we have to worry about megacap stocks with no P/E at all."