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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (32967)9/27/1998 9:04:00 AM
From: don ryndak  Read Replies (2) of 132070
 
Michael,
I would appreciate you comments regarding the use of stock index's especially the Nasdaq 100, as a investment. I am trying to better understand what is the multiplier that is used to calculate intrinsic value of the stocks that make up the index, when compared to the general Nasdaq. I guess what I am really trying to ask is, when the general Nasdaq goes up or down is there a commonly used percentage to calculate the index. There must be a rough number that is used or is it a dollar for dollar, ie. Nasdaq goes up 10 points, Nasdaq 100 goes up 7.50. Would appreciate your input, thoughts and and even strategies if applicable.
don ryndak
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