Ah, makes sense! Thanks.

-----Original Message-----
From: IBM Mainframe Discussion List <[email protected]> On Behalf Of 
Brian Westerman
Sent: Wednesday, June 11, 2025 1:21 AM
To: [email protected]
Subject: Re: IBM stock new high today!

The place I was buying through at the time had a minimum purchase of two shares 
of whatever you wanted to buy and you had to buy a total minimum of (I think) 
20 shares of "stuff" or you had to pay a higher fee.  I'm basically cheap, so I 
took the lowest number and picked 10 companies to buy shares of.  I got some 
Microsoft, SUN, CalComp, Wang, DEC, and a few others, about 1/2 of them went 
out of business or were bought out by other companies.  The ones that didn't go 
out of business have gone up by many times the purchase price.  I think my 
total investment at the time was about $150.  Now a single share of IBM is more 
than that.  

Back then you also got the actual certificates and most of them paid dividends 
every year.   

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