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Re: Zeev Hed post# 164993

Saturday, 10/25/2003 11:32:36 AM

Saturday, October 25, 2003 11:32:36 AM

Post# of 704041
Morning Zeev
For some reason all the speculation about the Google IPO has me thinking about the Netscape IPO
So of coarse I Googled
Found this and beins its Saturday thought the thread might enjoy a blast from the past

Netscape's initial public offering in August 1995 set the scene for the speculative Internet stock frenzy that continues to this day. Prior to the IPO, the intense buzz around the stock saw the original number of shares go from 3.5 million to 5 million and the offering price go from $12-$14 to $21-$24 -- and finally to $28. On the first morning of trading, the stock opened at $71. It closed the day at $58.25 -- about double what the most optimistic experts had expected. On Wall Street and in Silicon Valley the news was tantamount to a messenger riding at a full gallop through San Francisco in 1849 shouting ``Gold! There's gold on the American River!''

Man it seems like just yesterday I was calling around the country trying to get shares of NSCP <vbg>
It has been a fascinating ride
Perry


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