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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: interesting man who wrote (50548)5/15/2000 8:44:00 PM
From: RocketMan  Read Replies (1) of 99985
 
I am very willing to pay for high multiples afforded the teck(Mobile, wireless, internet, appliances)evolution, as long as the company's revenues in my portfolio are growing over 50% yearly. I see the NASDAQ at least 5500 by year end,imo.The bull market will last another 8 years aided by the baby boomers retirement spending, and the current communication evolution worldwide.

So, at 50% growth YoY, in eight years the companies in your portfolio would earn 25 times what they earn today. And the Naz would be at about 140,000. And a 100B cap company would be a 2.5T cap company. CSCO would be 12T. Double today's GDP. Sounds a bit extended.
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