Bubbles and Crashes
介绍
- Company X introduced a revolutionary wireless communication technology.
- It not only provided support for such a technology but also provided the informational content itself.
- It’s IPO price was $1.50 per share. Six years later it was traded at $ 85.50 and in the seventh year it hit $ 114.00.
- The P/E ratio got as high as 73.
- The company never paid dividends.
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