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To: michael97123 who wrote (24028)8/22/2001 12:56:05 PM
From: sea_biscuit  Read Replies (1) | Respond to of 25814
 
No, there will be a return to decent and even robust growth. But remember, the Nasdaq 5000 levels were reached on the back of a PE of 100 or higher. In a more sane environment, it could be far lower. As we stand now, the QQQ is trading at around 40 or 50 times its peak earnings, and it will take a lot of time and effort to get back to that peak.