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The Old Thrift Plan
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<blockquote data-quote="1989" data-source="post: 353850" data-attributes="member: 10280"><p>I got my prices from an old statement. In July of 1998 the stock price was actually $34 a share. Prior to the IPO (lets say Oct. 1999) they valued the stock at $50. Then they split it 2 for 1 so you would have 2 shares at a $17 cost basis. Now the stock price was split in half (from $50 to $25.) Then the IPO was at $50. (If you got in at the IPO you paid $50.) Overnight you had a 100% unrealized return.</p></blockquote><p></p>
[QUOTE="1989, post: 353850, member: 10280"] I got my prices from an old statement. In July of 1998 the stock price was actually $34 a share. Prior to the IPO (lets say Oct. 1999) they valued the stock at $50. Then they split it 2 for 1 so you would have 2 shares at a $17 cost basis. Now the stock price was split in half (from $50 to $25.) Then the IPO was at $50. (If you got in at the IPO you paid $50.) Overnight you had a 100% unrealized return. [/QUOTE]
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