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Technology Stocks : EMC How high can it go?
EMC 29.050.0%Sep 15 5:00 PM EST

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To: JDN who wrote (14602)10/7/2002 7:12:57 PM
From: John Koligman  Read Replies (1) of 17183
 
JDN - One more point on this topic. Some weeks ago Mark Hulbert (The Hulbert Financial Digest) did an interesting column in the Sunday NY Times business section. He cited some stats on the 'Nifty Fifty' that you might find interesting. His premise was that if you bought a basket of nifty fifty issues at the end of 1972 (just before the collapse), you would have broken even by July 1980. From then on, you would have made ever more substantial profits as the market started it's great bull run. Of course, the key here is a 'basket', since many of the tech names in that group, like Polaroid and Xerox, have either lagged or gone bust...

Best regards,
John
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