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Technology Stocks : AWE - ATT Wireless -- Ignore unavailable to you. Want to Upgrade?


To: Tech Master who wrote (320)2/17/2004 2:27:38 PM
From: Raptech  Read Replies (1) | Respond to of 329
 
Think it was July 6, 2001 at 17.15. Many shareholders had a lower basis as a result of the ATT spinoff. My basis is actually 4.68.

Rap



To: Tech Master who wrote (320)2/17/2004 8:19:16 PM
From: the navigator  Read Replies (1) | Respond to of 329
 
IPO was priced at $29.50. Some did unfortunate things like mortgaging their homes to buy more shares. It's too bad. Those are hard lessons.

There will be many employees laid off as a result of this buyout, but never fear, John Zeglis and his buds will walk away with a nice chunk of cash. I've heard it'll be 3 years of salary and 3 years of bonus, around 6 mil each. A fine reward for running a company into the ground.

Still