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Non-Tech : QQQ - Nasdaq 100 Trust
QQQ 623.23+2.2%Nov 10 4:00 PM EST
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To: Topannuity who wrote (463)12/22/2000 9:43:29 AM
From: Barnhart   of 840
 
Another issue here is that the stocks in the Nasdaq-100 index and the shares that are combined into the QQQ are not represented on an even basis. There is more MSFT and CSCO and INTC in one share of QQQ than say AAPL, NOVL and COMS.

Because the index and QQQ have weighted entries, it makes the PE calculation more difficult. I don't know what they weighting is, but I suspect someone else can find it (I'm on vacation and don't have time).

Brian
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