... Alliance Tech Class A PBHG Tech & Comm Pimco Innovation Munder Net Net Firsthand Tech Value VanWagoner Tech 1999 20 00 20 01 63% 26 79 98 24 85 72% 24 4 139 176 190 22 4 25 % –44 29 –54 –10 28 26 % ... out 20 00 down 39 percent, and 20 01 down 21 percent From the high of March 10, 20 00, to the end of 20 01 the Nasdaq lost more than 70 percent of its value In the most manic part of this period, it ... through September 30, 20 02, SoGen’s annual return of 7 .29 percent is significantly better than Hancock Tech’s 14.6 percent loss Over 10 years through September 30, 20 02, the compound annual returns were:...