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The company's stock did not return to its initial offering price until 1997.
They remain well below the firm's initial offering price of $31.
The company went public on May 14 , 1997 with an initial offering price of $18.
Breakaway Solutions of Boston now trades at $103 a share, compared with its initial offering price of $14 last October.
Mr. Ebbers paid $805,000 for the shares when he bought them at the initial offering price in October 1999.
It is that figure, not the initial offering price, that should be used as a benchmark, Mr. Wan said.
Meanwhile, Visa's archrival, MasterCard, has been a huge money-maker for investors who got in at the initial offering price.
Efficient's shares fell 87.5 cents, to $65.25, still far above its initial offering price of $15 each last July.
Korn/Ferry's shares are hovering near their initial offering price of $14 in February 1999, closing at $14.80.
By March 2000, McLeod shares reached a split-adjusted peak of $34.83, up almost tenfold from the initial offering price.
When Ms. Brown left Google, the stock price had merely doubled from its initial offering price of $85.
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CEO of Professional Science Editing for Scientists @ prosciediting.com