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Technology Stocks : America On-Line: will it survive ...?
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To: LindyBill who wrote (13002)12/23/1998 10:24:00 PM
From: Pruguy  Read Replies (1) of 13594
 
Lindybill,
once again you are dispensing misleading information. I don't know how much ibm went up between 58 -64 but I do know the net gain on ibm from capital appreciation from 64 through 94 was zero. it has done well since then. I can't imagine the return from 58 to present is significantly different from the overall market performance. Xerox went through a multi-decade period of going nowhere also......of the nifty fifty of that day, many names such as poloroid are still below water.
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