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Technology Stocks : How high will Microsoft fly?
MSFT 430.39-0.7%3:59 PM EST

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To: Brian Malloy who wrote (810)3/25/1997 5:59:00 PM
From: Brian Malloy   of 74651
 
To all, for a long term perspective.

Of course, future growth is not expected to match past growth but 20% a year, year in and year out pays off in the long run as well.

Closing stock price for: March 13, 1986 Post-split - $0.78ÿÿ Pre-split - $28.01
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Microsoft Corporation's initial public offering was March 13, 1986.

History of Microsoft Stock Splits

ÿDate of Split Type Closing Price -before/after
First Sept. 21, 1987 2 for 1 Sept. 18- $114.50c/Sept. 21-$53.50c
Second April 16, 1990 2 for 1 April 12-$120.75c/April 16-$60.75c
Third June 27, 1991 3 for 2 June 26-$100.75c/June 27-$68.00c
Fourth June 15, 1992 3 for 2 June 12-$112.50c/June 15-$75.75c
Fifth May 23, 1994 2 for 1 May 20-$97.75c/May 23-$50.63c

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Sixth December 9, 1996 2 for 1 December 6-$152.875c/ December 9-$81.75c

2 for 1 = One additional share for every share held (multiply number by 2 for new total)
3 for 2 = One additional share for every two shares held (multiply number by 1.5 for new total)
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