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To: yard_man who wrote (120130)	9/8/2001 2:11:57 PM
From: MythMan	Read Replies (2) \| Respond to of 436258

6600 on the Dow would be fair value imo. Not sure it will ever get there. Naz could see 3 figures -g-

To: yard_man who wrote (120130)	9/8/2001 11:14:52 PM
From: SOROS	Read Replies (1) \| Respond to of 436258

Can someone comment? This is very unscientific, but here goes: If the QQQ was at about $55 in March, 1999, and it split one time since then, would not it's true value for March of 1999 be $27.50 then? If so, then look at the Nasdaq in March of 1999 with a level of near 2400 or so and a level of say, 1700 in Oct, 1998. If we adjust the QQQ to an Oct., 1998 level, assuming a .75% drop correlation to 1% on the Nasdaq, we get a drop of about 20% on the QQQ or an Oct, 1998 level of $22. At a current level of $33 and change on the QQQ, we need a drop of about $11 to get to an estimated Oct., 1998 level. Keeping the same estimated drop ratio of the QQQ to the Nasdaq, the Nasdaq would have to fall about 420-450 points to around 1250 to get a $22 price on the QQQ. Remember, I'm old, senile, and in pain, so feel free to call me nuts. Thoughts appreciated. I remain, SOROS