Nope, that's not an exageration.
Plenty of today's fans don't have any memory of 1985, when the team lost 100 games.
Here's the question posed by Mark Purdy to Mercury News readers:
Could these Giants possibly keep getting even more awful and sink as low as that team of 32 summers ago? Because those of us who were there to document the misery can testify that the 1985 Giants were a fantastic mess. As their catcher, Bob Brenly, summed up in the final week of the season: “So many bad things have happened this year that I’m numb.”