Tech stocks are trading at a 30-year-low when compared to the multiples of industrials (companies). It's the weirdest bubble when everyone hates everything.

If we're in a bubble, it's the weirdest bubble I've ever seen, where everybody hates everything.

Today's stock market actually hates technology, as shown by all-time low price/earnings ratios for major public technology companies.

I’m a firm believer that most people who do great things are doing them for the first time. Returning to my theory of hiring, I’d rather have someone all fired up to do something for the first time than someone who’s done it before and isn’t that excited to do it again. You rarely go wrong giving someone who is high potential the shot.

Tech stocks are boasting high multiples, Sony shares are trading at 44 times projected fiscal 2006 earnings and many others are exceeding the 21.8 average for all firms traded on the first section of the Tokyo Stock Exchange.

You really have a two-tier market with tech stocks going down and everything else going up. Part of this is because valuations in technology stocks got overdone this year and, at the same time, the Dow hadn't performed and now they look cheap.