Stock
Latest Chinese IPO On Deck — EDU
New Oriental Education (EDU) will be the latest Chinese stock to be listed on the big board. According to IPOHome.com, EDU will offer 7.5 million American Depositary Shares (ADS) at a range of $11-$13 and the stock will start to trade on Wednesday, September 6.
EDU’s main business is test preparation. As tens of thousands [...]
MSFT Shares Stay With Me, For Now
I received in the mail a notice from Microsoft today regarding their announced share buy back plan. The offered cash price is between $22.50 to $24.75 per share and the offer will expire on August 17, 2006.
Currently I have 200 Microsoft shares, purchased in November 2004, days before their special $3 dividend distribution. Since [...]
Loaded More Nortel Shares
I bought another 320 shares of Nortel Network, at $1.99, with some dividend money accumulated in my Scottrade account. This brings the totoal number of shares I owned to 2720. Since early 2002, I have been on and off with NT several times and when I first bought NT in 2002, the shares were traded [...]
Stock Market’s Roller-Coaster Ride
Though there is one more trading day left for the month of July, the stock market was nothing but volatile. For the past twenty sessions, the Dow has seen triple digits gain/loss 7 times (7th, 12th, 13th, 14th, 19th, 24th, and 28th)!
Yet, despite the huge ups and downs, we are not too far away from [...]
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