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To: Investor-ex! who wrote (51834)	4/22/2000 5:32:00 AM
From: d:oug	Read Replies (1) \| Respond to of 116764

Investor-ex!, To take a naive approach to understand that 10 year Nasdaq chart I would have to factor in the explosion of the internet these last ten years as being only in the initial phases to increase productivity and growth for the economy as a whole in the USA. I seem to remember that about 5 years ago many businesses had computers installed into the framwork of their business model, but very few understood the type of software needed, and those who did had trouble in how to intergrate it into the already established work flow. So to me the last 5 years has been explosive in the number of people using the internet and new start up companies trying to duplicate the already established brick & mortar companies. To me the present situation tells me that the real big impact has already started, but it is a slow and not explosive type effect like user count and hype + bubbles of newly created companies of the here today big time and next week the money needed to continue a non revenue company dries up and erases the company overnight. ok, gradual and slow and easy I see this computer and internet effect having its revolution like those of the past. Not the explosive bubbles we have just experiences. Based on this I will do as Zeev says to take seriously, "the trend is your friend" so I will extend the Nasdaq's trend of those 9 years, 90 to 99 and it will take the trend to 3,000 on the graph. If no bubbles pop violently or markets crash then the year 1999 was a hiccup and a fraud especially when the Nasdaq in the last part of 1999 went from 2,000 to 5,000 in early 2000 based not on anything of change in that magnitude but only the ability of people to play the Nasdaq market by throwing money after money..... So to me the computer + internet revolution for commerce started 10 years ago, picked up a little steam 5 years ago but has not yet reached a point of big impact. Like a 5 speed car, we is still in second gear and not yet close to the top of the power curve for example red line rpm 7,000 peak power at 4,000 and we at 2,500 rpm. Information sharing and obtainability is a different story as it has exploded big time in the last couple years and all that needed for the next explosion is that broadband to become mainstream. One fly in the ointment, I do see the money/credit issue having an effect and could be big time throwing a monkey wrench into everything and then your Nasdaq 1,500 will happen. NASDAQ DECADE CHART bigcharts.com. Doug