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To: UnBelievable who wrote (61407)	1/24/2001 9:48:35 PM
From: Moominoid	Respond to of 436258

Anyone who buys and holds QQQ or its equivalent is a clown. But there are cheaper stocks even in the NASDAQ 100 which could be reasonable long-term investments. So buying and holding some of those or an actively managed fund might not be so clownish. David

To: UnBelievable who wrote (61407)	1/24/2001 10:25:03 PM
From: AllansAlias	Respond to of 436258

What an excellent table. Ho, ho, ho. A 30 P/E multiple in 10 years would give the NASDAQ a market capitalization of $5.14T in 10 years. This roughly equates to an NASDAQ Index level of 3542. As we mentioned, the NASDAQ closed at 3483 on Friday. So, if these assumptions were to prove correct, we can expect 59 additional points in the NASDAQ for the next decade.