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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Donald Wennerstrom who wrote (64895)	7/16/2002 7:03:41 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 70976

Now contrast that performance with the second part of the chart from 1982 till today. Buying in 1982 and selling today, 20 years later, a gain of over 10 times could be made. Long term buy and hold was the way to go. The tech sector was still pretty cyclical though, running on 10 year cycles it seems to me. In the 80s who were the big tech names: IBM, DEC, Intel with upstarts Apple and microsoft. finance.yahoo.com While the bias was certainly up for the overall mkts, you weren't going to be happy if you were stuck with IBM in 94 or Aapl in 96, that you had purchased 10 years earlier. L