Remember the dot-com euphoria? Cisco's rally was wild—shares surged 56% in Q4 1999, then kept climbing with a 44% jump in Q1 2000. Traders were euphoric.

But here's the kicker: Qualcomm made Cisco look tame. Check this rocket ship trajectory through 1999:

Q1? Up 140%. Already bonkers.
Q2? Another 130.7% gain. Markets were losing their minds.
Q3? A "modest" 31.8% rise. Barely a breather.
Q4? Absolutely vertical—272% explosion.

Those weren't stocks. They were lottery tickets during the wildest tech mania Wall Street had ever seen. The kind of moves that spawned legends and destroyed rational valuation models overnight.