To: ProtectOurFreedom
” ... when many tech stocks lost 90% to 99% of their pre-bubble value ... “
Name one.
To: TexasGator
NASDAQ lost 80% of its value from peak. That is the AVERAGE price of all the listed companies in NASDAQ. If you know how averages work, then you understand you don't get a composite drop like that without lots of index member companies losing more than that average.
I lived through it in tech. It was a bloodbath in Silicon Valley.
11 posted on
04/11/2024 12:44:35 PM PDT by
ProtectOurFreedom
(“When exposing a crime is treated like a crime, you are being ruled by criminals” – Edward SnowdenA)
To: TexasGator
I had a front-row seat during that era. A few of the big ones: Ariba, Commerce One, JDS Uniphase, Corning, Broadcom.
I won't even get into the hundreds of little ones, most of which went to zero. :)
17 posted on
04/11/2024 1:10:03 PM PDT by
Mr. Jeeves
([CTRL]-[GALT]-[DELETE])
To: TexasGator
” ... when many tech stocks lost 90% to 99% of their pre-bubble value ... “ Name one.
JDS Uniphase "...and the stock price dropped from $153 per share to less than $2 per share."
24 posted on
04/11/2024 8:55:35 PM PDT by
citizen
(Put all LBQTwhatever programming on a new subscription service: PERV-TThose look good)
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