Juniper Networks - JNPR Message Board

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Technology Stocks : Juniper Networks - JNPR

JNPR 39.95

0.0%

Jul 2 5:00 PM EST

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To: TARADO96 who wrote (1558)	9/8/2000 8:56:24 AM
From: Bruce Brown	Read Replies (1) of 3350

John wrote: The longs thus far have had the upper hand on this one. $32,500 invested in JNPR at the end of the 1st day IPO, would have been worth approximately $1,296,000. Just curious how you came up with that figure? The stock closed at $98.75 on June 25th of 1999 on the IPO day. It traded that day up to $106 and as low as $94 before settling in at $98 and change at the close. Using your $32,500 figure, that would have snagged 329 shares at the close. With the 3 for 2 and 2 for 1 splits this year, today's number of shares would total 1,974 shares. At a share price of $215, that works out to a market value of $424,410. That's certainly not a bad return to date by any stretch of the imagination, but I was wondering how you calculated your $1.3 M figure.... BB (Long on Juniper since mid-July and August 1999)

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