gump on ntek. "so then I bought me some n-t-e-k. c

gump on ntek. "so then I bought me some n-t-e-k. cuz I liiiike movies.....and they wuz streaming 'em..... right to products made by thaat fruit comp'ny lieutenant dan got me invested in....

besides, they wuz only a penney.... so i got me loootts o' penneez"

Quote:

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How much is Forrest Gump's investment in Apple worth today?

Answer Ron Belt
Ron Belt, a M&A specialist in the technology sector and board member at various companies.

The letter that Forrest Gump received from Apple Inc. is dated in 1975 while the company only incorporated in 1978. Aside from this small error, let’s assume that he was an informal investor that stepped in pre-IPO.

Apple went public on December 12, 1980 at $22 per share, adjusted for stock splits this correspondents with $2.75 per share. The latest pre-ipo trading price for the shares that I could find is $5.44 or a corrected for splits $0.68 per share (www.google.nl/url?sa=t&rc...).

Apple closed at $605.88 yesterday plus over the past years Apple has also paid dividends, in total $3.80 per share (corrected for splits). So the investment per share that Forrest has made has gone up (605.88 + 3.80) / 0.68 = 897x.

The question is, obviously, how much money did he invest? Let’s say he invested between $25k and $100k. Using this range, his investment would be worth between $22m-$90m.

Updated 9 Aug, 2012

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https://www.youtube.com/watch?v=NoptofKbQ04