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Q: MICROSOFT STOCK ( Answered 4 out of 5 stars,   0 Comments )
Question  
Subject: MICROSOFT STOCK
Category: Business and Money > Finance
Asked by: webcircuit-ga
List Price: $2.50
Posted: 14 Aug 2002 22:31 PDT
Expires: 13 Sep 2002 22:31 PDT
Question ID: 54765
HOW MUCH WOULD 100 SHARES OF MICROSOFT STOCK BOUGHT IN 1985 BE WORTH IN 2002?
Answer  
Subject: Re: MICROSOFT STOCK
Answered By: juggler-ga on 14 Aug 2002 22:50 PDT
Rated:4 out of 5 stars
 
Hello.

If you bought 100 shares of Microsoft stock in 1985 and held that
stock until today, you'd have 14,400 shares, which would be worth
$715,824 based on today's closing price of $49.71 [quote retrieved
from Yahoo Finance: http://quote.yahoo.com/q?s=msft&d=v1 ]

Microsoft has had eight stock splits, according to its web page:
http://www.microsoft.com/msft/stock/splits.htm

Original 100 shares after the following splits:
September 1987 (2 for 1): 200 shares
April 1990 (2 for 1): 400 shares
June 1991 (3 for 2): 600 shares
June 1992 (3 for 2): 900 shares
May 1994 (2 for 1): 1800 shares
December 1996 (2 for 1): 3600 shares
February 1998 (2 for 1): 7200 shares
March 1999 (2 for 1): 14,400 shares

search strategy: microsoft, stock splits
I hope this helps.

Clarification of Answer by juggler-ga on 14 Aug 2002 23:00 PDT
I should note that Microsoft's initial public offering was actually on
March 13, 1986, according to the Microsoft web page mentioned above.

Clarification of Answer by juggler-ga on 14 Aug 2002 23:29 PDT
I should also note that the 1986 IPO price was $21, so the initial
investment in 100 shares would have cost $2100.
webcircuit-ga rated this answer:4 out of 5 stars
Very good research on the answer Thank You...

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