Posted by: Jim Bishop Date: Wednesday, May 07, 2008 1:20:38 PM In reply to: weatherdude who wrote msg# 45875 Post # of 58875 OT: No Microsoft didn't start pink, it was never a penny stock, although that is a popular urban myth on the stock threads.
It IPO'd in 1986 at $21.00 but the first trade was at $25.50 and hit a high of $29.25 that day and closed at $27.75.
Initial public offering raised $61 million. They had $140+ million in revenues in 1985.
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