Posts Tagged ‘jts’

1986 -$21.00 a share was the first price for stock in Microsoft. 2.5 million shares were sold, raising the price to 27.75 and netting the company 61 million initially. Since then, the highest it has gone was 57.91 on Dec 24th, 1999. Yet with about 10 stock splits and several dividends in the 24 years, people definitely got their money’s worth. If you would have purchased 100 shares in 1986 and let those shares ride until today, you would have 102,400 shares of stock at appx. $29 a share.

Sponsor:  Try GoToAssist free for 30 days –GoToAssist.com/techpodcasts.

Please add to your favorite aggregator. RSS Feed – iTunes – Stitcher –TechPodcasts

Other Historical Events in Technology

• Apple and Bandai demonstrate the Pippin Atmark Multimedia computer
• JTS sells Atari to HIACXI
• Jerry Jalava gets the first prothstetic thumb drive

Podcast: Play in new window | Download (Duration: 6:22 — 2.9MB)

1986 – Back in that day, Comdex was the big computer show. There were two versions: one that was held in Chicago in the spring and the other in Las Vegas mid-November. At this time, Atari was the big dog on the block. Jack Tramiel was putting all efforts in this years Comdex after seeing a small dip in the shares.

So they set up a 65 booth display with different 3rd party developers that would show off what the Atari could do. The big innovation that year – the SX212 1200 baud modem for $99.95. They also showed off the Atari 2600jr and the Atari 7800, and because of that impressive show, Atari boasted a $25 million profit that year.

Of course, the company went well for a few more years, merged with JTS, which was then bought by Hasbro in 1998. The company still is survived in a way to this day, but not in the glory that it was back then.

Sponsor:  Try GoToAssist free for 30 days – GoToAssist.com/techpodcasts.

Please add to your favorite aggregator. RSS Feed – iTunes – Stitcher – TechPodcasts

Other Historical Events in Technology

• IBM introduces Giant Magnetoresistive (GMR) Heads
• The first Apple iPod is shipped
• Circuit City files for Chapter 11 protection

Podcast: Play in new window | Download (Duration: 10:49 — 5.0MB)