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Re: InvestorStemCell post# 11517

Monday, 10/27/2014 9:23:54 AM

Monday, October 27, 2014 9:23:54 AM

Post# of 106844
YAHOO was never, ever, ever a penny stock or traded for .43 cents or on the OTC. NEVER. One can't look at a chart w/o an understanding of how STOCK SPLITS WORK. The past price on a long term chart, for a company that has split many times, because it APPRECIATED RAPIDLY and INCREASED MASSIVELY IN MARKET cap, makes the past chart price appear lower. Not how it works.

Yahoo has always been a "listed" stock and only traded on the NASDAQ. Period. End of story.

http://news.cnet.com/2100-1033-209413.html

http://en.wikipedia.org/wiki/Timeline_of_Yahoo!

"April 12, 1996: Yahoo! has Initial public offering, closing at US$33.00—up 270 percent from the IPO price—after peaking at US$43.00 for the day.[2][4]"

http://online.wsj.com/article/0,,SB849504268462964500,00.html

From the WALL STREET JOURNAL, 1996:
"By JOAN E. RIGDON | Staff Reporter of THE WALL STREET JOURNAL
Yahoo! Inc.'s initial public offering scored an impressive 154% gain. But if history -- and business fundamentals -- are any guide, its stock may rapidly cool.

The highly touted Internet search service had priced its shares at $13 each on Thursday. Friday, it opened on the Nasdaq Stock Market at $24.50 a share and roared to $43 before retreating somewhat and closing at $33.

When it was over, the company that was just a graduate-school project a little more than a year ago had a market capitalization of $848 million, about one-third of the market cap of technology giant Silicon Graphics Inc.


Yahoo, founded in March 1995, had revenue of $1.4 million for the nine months ended Dec. 31. It had a loss of $634,000, or three cents a share, for the period.

In IPO history, Yahoo's first-day run stands behind only the rocket rides of Secure Computing Corp. last year (up 247%) andHome Shopping Network Inc. a decade ago(165%), according to Securities Data Co. of Newark, N.J. The previous No. 3 was Boston Chicken Inc., which surged 142% when it went public in 1993. Evenlast year's seemingly stratospheric Netscape Communications Corp. IPO was tepid by comparison, rising only 108% its first day out."

GOOGLE, an amazing tool to find FACTS.