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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.94+1.3%1:14 PM EST

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To: Amy J who wrote (67348)3/13/2005 6:03:55 AM
From: beach_bum  Read Replies (1) of 77400
 
I was curious myself and looked up the numbers. I took Nasdaq as a representative of hitech (growth stocks).

Here's what I found.

finfacts.com

the Annual return from 1938 to 2004 is about 9.2% (its lifetime)
the Annual return from 1965 to 2004 is about 9.1%
the Annual return from 1975 to 2004 is about 13.2%

the annual return from 1975 to 2000 was about 18.5% (before the party was busted)

The decade from 1965 to 1974 sucked. The 3 decades after that (including the bust in last 5 years) hasn't been too bad.

I dont have numbers for DJIA.

bum.
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