Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 198.02

+0.3%

Dec 26 3:59 PM EST

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To: Chris Anderson who wrote (9678)	2/26/1999 9:26:00 AM
From: Michael Olin	Read Replies (1) of 19080

So... If we assume that ORCL closes today at $60 and opens post split on Monday at $40 (its easier to do round numbers on my fingers), each share of Oracle purchased for $20 at the IPO would have become 71 shares at $40. To look at it another way, an investment of $1,000 in Oracle at the IPO would have grown to 3,550 shares worth $142,000. Anyone care to check my math <g>? -Michael

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