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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Kirk © who wrote (12548)3/17/2000 11:15:00 PM
From: E_K_S  Read Replies (1) of 15132
 
Hi Kirk: What impact will the QQQ split have on the NAZ next week ........

Alert From SCHWAB:

Nasdaq 100 (QQQ) is going through a 2 for 1 stock split effective Monday March 20, 2000.
(Additional shares will be reflected in your account Tuesday March 21,2000.)

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It should have no impact but if it trades like other stocks that post a split.....well up up & away!

Maybe it will be common place to see PEG ratios of 2 and 3 especially if double digit growth can be sustained over the next five years. Notice I no longer use PE as a measure for these new economy stocks but rather the PEG ratio (Price Earnings Growth).

EKS
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