It looks like we are in a market akin to the early 2000s, which saw the technology sector plummet after a years of speculative frenzy amid geopolitical turmoil.
But for every Pets.com that went bankrupt, there were also long-term survivors such as Amazon.com, which at one point fell 90% during that period. Yet those who held their noses and bought in that crash -- and chose wisely -- went on to make fortunes.
Amid the tech wreck today, here are three high-quality companies down big from their highs, but which don't deserve to be. Long-term investors should take note.
Source Fool.com