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Politics : Formerly About Applied Materials
AMAT 252.25+0.9%Nov 28 9:30 AM EST

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To: Jacob Snyder who wrote (50238)8/6/2001 11:29:16 PM
From: Kirk ©  Read Replies (2) of 70976
 
Go back and read my original post. I said the S&P and DJIA might hit old highs soon but I doubt the Nasdaq... too much wealth gone forever... how many would Lucent have to hire back and how many more miles of dark fiber can we install?

I would think that an ORDERLY rise to old highs in the NASDAQ by 2005 or later MIGHT be heathy and not cause a crash. Many of the pundits are predicting some big rally in the next year. IF that comes too fast, I sort of agree that it would be sold off as fundaments probably won't support that sort of price.

Kirk

BTW, what rate of return would you get if it took until 2010 to break the old NASDAQ highs? Do you think that will beat CDs after taxes?
Hint - we're talking double digit annual returns here :)
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