Did you know one Yahoo! Stock was worth $962,140 in Japan

Discussion in 'Yahoo' started by Minterest, Sep 21, 2007.

  1. #1
    Hey,

    I have come across the article http://en.wikipedia.org/wiki/Yahoo! I was surprised to see this

    Dot-com bubble (2000-2001)
    On 3 January 2000, at the height of the Dot-com boom, Yahoo stocks closed at an all-time high of $475.00 a share. 16 days later, shares in Yahoo Japan became the first stocks in Japanese history to trade at over ¥100,000,000 :eek: reaching a price of 101.4 million yen ($962,140 :eek: at that time).

    I just cant believe that.... Can you???

    Also, some months back I read that the shares of Berkshire Hathaway reached $1000,00 :eek: .. I was surprised to see that also but what about this $962,140????/
     
    Minterest, Sep 21, 2007 IP
  2. forumrating

    forumrating Notable Member

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    #2
    thats nice find, well i never knew yahoo was listed in japanese market , just tracking current yahoo stock prices in us market, its kinda ranging between $23-$32
     
    forumrating, Sep 21, 2007 IP
  3. Minterest

    Minterest Well-Known Member

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    #3
    Well the current market price doesnt matter... as that $9XXXXX rate was 7 years back and that stock may have splitted several times... and Regarding berkshire hathaway that stock touched 1000,00$ because that company listed in two names berkshire hathaway A and berkshire hathaway B.. out of that one touched $1000,00 as its not publicly traded and also that stocks never split.. its berkshire hathaway B stocks trades at $3915.00 now and A trades at $117400.00 now....


    Yahoo Japan is the most poular site in Japan if am not wrong.. its more popular than Google there...
     
    Minterest, Sep 21, 2007 IP
  4. RoyalSeo

    RoyalSeo Peon

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    #4
    What are the current Yahoo stock prices?
     
    RoyalSeo, Sep 24, 2007 IP
  5. Minterest

    Minterest Well-Known Member

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    #5
    At present Yahoo quotes at 40500.00 JPY or 351.6615 US$ in Japan or it costs 25.73 US$ in USA
     
    Minterest, Sep 25, 2007 IP
  6. Red_Virus

    Red_Virus Well-Known Member

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    #6
    Wow that is a huge drop :eek: Only $25.73 now... I could some of those if I was in US.

     
    Red_Virus, Sep 25, 2007 IP
  7. leede

    leede Guest

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    #7
    thxs mate never knew abt this
     
    leede, Sep 25, 2007 IP
  8. Minterest

    Minterest Well-Known Member

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    #8
    Hey you are mistaken.... $25 is in US not in Japan... thre is no relation between that as it depends on the number of shares....

    That is the market capital remains same in US and Japan but the number of shares in the market is differetn. Thats why Microsoft's share trades at $30 and Google's share trades at $560 but Microsoft's value is almost double than that of Google ...hope you understand that....
     
    Minterest, Sep 25, 2007 IP
  9. Minterest

    Minterest Well-Known Member

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    #9
    Well I have checked Yahoo's charts and find that in Yahoo's true valu is $600 now when stock splits are taken into account

    I have calculated the stock price of Microsoft.... its calulated as US$8,640 from its IPO price of $21 in 1986

    While google rose from its IPO price of $85 to the present $560 or so.
     
    Minterest, Sep 25, 2007 IP
  10. sachin410

    sachin410 Illustrious Member

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    #10
    Yahoo Japan and Yahoo are two different companies.

    Yahoo holds 33% stake in Yahoo Japan.

    http://ir.yahoo.co.jp/en/holder/status.html

    The highest price that Yahoo has touched was $500 on 4th January 2000.

    The stock has been split into half twice after that - on 14th February 2000 and 12th May 2004.

    Thus for current stock, the life time high is $125.03.
     
    sachin410, Sep 25, 2007 IP
  11. Minterest

    Minterest Well-Known Member

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    #11

    Yes actally i find that without considering the stock splits checkout my updated info...
     
    Minterest, Sep 25, 2007 IP