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It's just more fun being a growth stock | |
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| Time: 01:01 EST/06:01 GMT | News Source: New York Times | Posted By: Robert Stein | ||
|
As the thousands of stockholders of the world's biggest software maker are acutely aware, Microsoft shares have languished for more than five years. Adjusted for stock splits, at $26.97, they now fetch less than half their peak value, in 1999. At that point, an investment of $10,000 made at the company's initial public offering in 1986 would have been worth more than $7 million. | ||
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