NASDAQ’s Internet Index – Is It Worth Paying Attention To?
Back in November 2007, NASDAQ decided to create an index of the top one hundred companies that were involved in providing services and/or goods on the internet. But has it made enough of a splash – or are there still plenty of people who still haven’t even heard of it, one year on?
There is no questioning the fact that this was a good idea, at least in part. But like all good ideas it does have its drawbacks as well, not least of which is that the very nature of it means it really only applies in the US. Still, within that area it does have its place and perhaps we should expect a new index such as this one to take some time in establishing itself.
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