[CreditGuy]

Relevant. Where are their IPO's at now?

Amazon opened at $1.50 almost 20 years ago, has never turned a profit, and shares are trading at $720 today.

Also, since I enjoy correcting you when you are wrong, the question to ask is what are their share prices/market caps now. An INITIAL Public Offering is, by definition, a one time event.

[Kevin Henry-Seacoast]

Amazon opened at $1.50 almost 20 years ago, has never turned a profit, and shares are trading at $720 today.

Also, since I enjoy correcting you when you are wrong, the question to ask is what are their share prices/market caps now. An INITIAL Public Offering is, by definition, a one time event.

Correction: Amazon's IPO in 1997 was priced at $18. It opened much higher! All of the IPOs in the late 90's doubled opening day from where they were priced. I know this very well as I helped manage a very large equity trading division.

[CreditGuy]

Correction: Amazon's IPO in 1997 was priced at $18. It opened much higher! All of the IPOs in the late 90's doubled opening day from where they were priced. I know this very well as I helped manage a very large equity trading division.

Yahoo lied to me.

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[Kevin Henry-Seacoast]

Yahoo lied to me.

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If you bought $1000 bucks worth of stock the day of the IPO, today it would be worth about $250K. I punched out a loooooong time ago!