Long Term Perspective

The PSE Technology 100 Index is a price-weighted measure of 100 listed and over-the-counter stocks from 15 different industries. These include computer hardware and software development, semiconductors, networking, communications and data storage and processing. The 10-year average growth in this index surpasses all other major indexes at 23.3 percent in 2002 even after three straight annual declines.
Short Term Perspective

Considering that the PSE (Pacific Stock Exchange) Index was up 152.7 percent at its highest point in early 2000, it is amazing that the index fell only 50 percent in September 2001 from year earlier levels! Many of the companies included in this index are household names - AOL, Yahoo, Microsoft, Texas Instruments, Lucent, Intel, and Amgen. This index surged 47.7 percent in October relative to a year ago!

The PSE 100 rose 7.7 percent in October. Apart from a slight dip in September, it has been recuperating nicely these past several months.

