In the press in the UK at the moment, there is a lot of talk about the FTSE-100 breaking the 7000 barrier. It was on December 30th 1999, that the FTSE-100 reached the all-time high of 6930.
That was over 14 years ago, and it was during the Telecoms and Technology boom, when many telecoms and technology companies were major components of the FTSE-100. Remember these names:
Kingston Communications plc
GEC (later renaming itself Marconi plc)
Cable & Wireless Communications
Just some names that may ring a bell.
On Wed 26th Feb 2014, the FTSE-100 closed at 6799 still below the all-time high, so over 14 years on the FTSE-100 has never reached its peak, but of course the FTSE100 over that 14 year period has paid generous dividends to shareholders with other companies replacing the displaced technology companies as the FTSE-100 was re-shuffled as the tech companies fell away once the Dot.Com bubble burst.