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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Math Junkie who wrote (45276)	4/9/2001 11:00:50 PM
From: Ian@SI	Read Replies (3) \| Respond to of 70976

Richard, Those calculations are presuming that all NASDAQ stocks are fairly valued today, that their growth rate today which in many instances is negative won't improve during the next 8 years, etc. While I don't expect to see NASDAQ 5000 this year or next, I do expect it in less than 5 years. i.e. We could easily have a bounce well past 2500 in less than a year; with normal NASDAQ growth, another 3 years or so would be required to close the remainder of the gap. FWIW, Ian.