Taking a look at how those same stocks had performed since March 1, 2000, when the bear market started, she found “Lucent, still down 91 percent—it would almost have to double its price just to break even; Time Warner, still off 67 percent; Cisco, down 59 percent; and Intel, that semiconductor blue-chip bellwether, off 43 percent; Microsoft still down 39 percent; and SBC Communications off 35 percent; General Electric, down 27 percent; Big Blue (IBM), off 6 percent.”1
