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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: re3 who wrote (71420)12/3/1999 5:52:00 PM
From: Knighty Tin  Read Replies (2) | Respond to of 132070
 
Ike, I could easily see the Nasdaq Index in the 500-700 area. I know that sounds disastrous, and it is, but it is close to fair value for what is mostly garbage on a stick. The index reminds me of high flying funds like T. Rowe Price OTC and 20th Century who lost 80-90% of their NAVs during the 1973-1974 OTC crash. Without using leverage. <g>