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Politics : Formerly About Applied Materials
AMAT 223.95+1.7%Nov 21 9:30 AM EST
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To: Sam Citron who wrote (44115)3/20/2001 9:09:29 PM
From: Ian@SI  Read Replies (1) of 70976
 
Sam,

As you well know, the NASDAQ is heavy on the R&D side. IP, so far, isn't included in book value.

That's both a good and a bad thing.

All the same, all that IP, in many of NASDAQ's best companies will produce a far more significant ROI than will ever be seen from members of the NYSE.

Japan, for all practical purposes is moribund. I doubt whether most rational investors would say the same of the US or the NASDAQ.

IMHO,
Ian.
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