Lizzy, your 95% figure does not match the data available from Nasdaq.
Nasdaq Market Value, per Nasdaq Statistics:
Peak, March 2000 ----- $6,259,005,489
Current, (Jan 2003) -- $2,049,880,858
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Difference: --------- $4,209,124,631
Percentage Loss ------ 67.25%
Even using the numbers from the October 9 low close of 1114, I get less than a 74% reduction in Nas Market Value:
Peak, March 2000 ----- $6,259,005,489
October 9, 2002 ----- $1,631,473,248
===============================================
Difference: --------- $4,627,532,241
Percentage Loss ------ 73.94%
Sources:
March 2000 Data marketdata.nasdaq.com
October 2002 Data: marketdata.nasdaq.com
Jan 2003 Data marketdata.nasdaq.com |
