Metsin, I bet you don't know that QQQ earnings expected to more than double in coming year. So QQQ's future PE will be a mere 34 when next year's earnings get factored in. So, for 100% grower you can snap up shares for a mere 34 PE. QQQ shares are priced to move and they are. The trick is if future earnings materialize. But hey with the economy heatin up, who knows?
Also get ready for huge number of upgrades about to hit wires. Every WS shop will be puttin upgrades out on most of tech sector. I got it from an "insider".