5 centuries of bubbles and bursts

History is replete with financial frenzies that seem ridiculous in hindsight, but were viewed as anything but at the time.

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1980-84: PCs
Even before the rise of Windows or the Mac, personal-computer companies were the stars of the day. But PC stocks fell more than 50% in 1984, making investors gun-shy on tech for more than a decade.

NEXT: 1985-90: Japanese asset bubble
Last updated January 06 2010: 5:25 PM ET
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