Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : ABFG - AMERICAN BENEFITS GROUP, INC. -- Ignore unavailable to you. Want to Upgrade?

To: Daniel Miller who wrote (3005)	4/27/1999 10:31:00 PM
From: Bill Ulrich	Respond to of 4128

Try the historical quotes next time. They've never been under $10. You're viewing a split-adjusted timeline. ______________________________ &#147It looks according to this chart that they were under 5&#148

To: Daniel Miller who wrote (3005)	4/27/1999 10:33:00 PM
From: Tom C	Read Replies (1) \| Respond to of 4128

Ever hear of a "stock split?" They adjust the price to reflect splits. Tom

To: Daniel Miller who wrote (3005)	4/27/1999 10:38:00 PM
From: EL KABONG!!!	Respond to of 4128

Daniel, It looks according to this chart that they were under 5... Hint: Split-adjusted... It's a phrase that has meaning here. Just for you, here's the MSFT split history (MM/YY): 2 for 1 9/87 2 for 1 4/90 3 for 2 6/91 3 for 2 6/92 2 for 1 5/94 2 for 1 12/96 2 for 1 2/98 2 for 1 3/99 Source: Value Line KJC

To: Daniel Miller who wrote (3005)	4/27/1999 10:46:00 PM
From: John Sladek	Read Replies (1) \| Respond to of 4128

Daniel, It looks according to this chart that they were under 5... That chart has had the price adjusted for splits. To see the stock splits, do the following: 1. Press the interactive chart button 2. On the interactive chart, press the indicators button 3. On the upper indicators pull down menu, select "show splits" 4. Redraw the chart. You will then see the stock splits which occurred as follows: 2-1 Sept 87 2-1 April 90 3-2 June 91 3-2 June 92 2-1 May 94 2-1 December 96 2-1 February 98 So to determine what the price was on any given day, take all the price from the chart, and multiply by all the splits that took place between now, and the time you are interested in. To determine what the price was in 1986, you should multiply the price on the big chart by 72 (i.e. the product of all the splits between now and then is, 2 x 2 x 3/2 x 3/2 x 2 x 2 x 2 = 72). For 1988, we would scale the split-corrected price by a factor of 36 to get the price in 1988. I can't read the numbers off the chart, but Value Line shows the price range as being between $1.30 and $2.20 (corrected for split). This works out to a price range of between $46.8 and $79.2. As I said - I do not think that Microsoft was ever a penny stock. Regards, John Sladek