The ongoing saga of the mythical shares
of DPI STOCK
Have you ever wondered what the value of DPI stock is on today's market?
June '76
1 share DPI traded for 0.4078 Shares of NCR
May '81
1 share NCR split into 4 shares of NCR
Sept '91
1 share NCR traded for 2.839 shares of AT&T
Sept '96
0.34084 shares of Lucent given for each share of AT&T
Dec '96
0.0625 shares of NCR given for each share of AT&T
Apr '98
Lucent shares split 2 for one. The new formula for calculating the value of DPI stock is - 4.631xT + 1.501xLUx2+0.289xNCR
Apr '99
Lucent shares split 2 for one. The new formula for calculating the value of DPI stock is - 4.631xT + 1.501xLUx4+0.289xNCR
Apr '99
AT&T shares split 3 for 2. The value of DPI stock is - 4.631xTx1.5 + 1.501xLUx4+0.289xNCR new formula for calculating
Oct '00
1 share Avalya given for each 12 shares of Lucent. The new formula for calculating the value of DPI stock is: 4.631xTx1.5 + 1.501xLUx4 + 0.289xNCR + 0.5003xAV
Jul '01
0.3218 shares of AT&T Wireless (AWE) given for each share of AT&T. So once again we have a new formula for the price of one share of DPI 4.631xTx1.5 + 1.501xLUx4 + 0.289xNCR + 0.5003xAV + 2.235xAWE
Dec '02
AT&T spins off AT&T Broadband which merges with Comcast. AT&T does a 1 for 5 reverse split. The new formula is now DPI = 1.3893xT + 6.004xLUx + 0.289xNCR + 0.5003xAV+ 2.235xAWE + 2.2472xCMCSA
DATE
AT&T
LUCENT
NCR
AV
DPI
1963-64
1.00
1965
5.00
1969
80.00
1971
5.00
1974
2.50
10/76
32.50
14.069
10/3/97
43.188
86.250
36.188
339.921
10/31/97
48.875
82.375
30.313
358.745
11/28/97
55.875
80.125
29.500
387.550
12/26/97
63.063
77.625
27.813
416.595
1/2/98
58.813
79.813
28.500
400.398
1/30/98
62.625
88.500
30.63
431.543
2/27/98
61.000
108.375
31.250
454.193
3/27/98
66.00
125.563
32.438
503.490
4/26/98
62.313
73.375
37.188
519.588
5/1/98
60.250
75.63
37.375
515.157
5/8/98
57.625
73.813
36.500
498.995
5/15/98
57.000
70.813
35.938
486.932
5/22/98
58.938
71.875
37.000
499.401
5/29/98
60.875
70.938
33.938
504.674
6/26/98
56.750
80.500
32.375
513.827
7/31/98
60.625
92.375
33.875
567.854
8/28/98
55.625
80.875
28.000
508.478
9/25/98
59.625
76.875
27.750
514.922
10/30/98
62.500
80.188
33.625
539.878
11/23/98
63.938
88.688
36.875
572.991
12/31/98
75.750
109.938
41.750
692.896
1/20/99
91.500
115.500
52.500
785.640
1/29/99
90.750
112.563
48.750
772.265
2/26/99
82.125
101.563
40.938
696.930
3/26/99
83.063
102.063
46.500
704.493
4/30/99
50.500
60.000
41.125
722.923
5/28/99
55.500
56.875
39.063
738.297
6/27/99
54.625
63.688
47.933
775.686
7/7/99
57.188
71.938
50.375
843.724
8/13/98
49.250
65.875
44.938
750.616
9/3/99
48.125
66.000
43.500
743.136
10/29/99
46.75
64.250
33.125
720.079
11/26/99
57.438
77.500
32.938
873.819
12/31/99
50.813
75.500
37.875
814.215
1/28/00
48.875
55.750
38.438
685.342
2/25/00
44.875
59.000
39.188
677.285
3/31/00
56.313
60.750
40.125
767.514
4/7/00
56.688
59.875
43.313
765.787
4/14/00
50.125
53.000
38.625
677.568
4/21/00
50.000
63.063
40.063
737.530
4/28/00
46.625
62.188
38.625
708.417
5/26/00
34.188
55.875
40.813
584.752
6/30/00
31.880
58.500
38.940
583.942
7/28/00
30.750
45.250
35.190
495.456
8/25/00
31.25
41.81
38.81
473.317
9/29/00
29.13
30.50
37.69
396.366
10/13/00
24.63
23.25
41.00
14.50
329.789
10/20/00
27.00
22.63
42.81
15.25
343.428
10/27/00
22.00
21.25
41.06
11.31
297.933
11/24/00
19.31
18.25
48.63
11.94
263.738
12/27/00
17.25
13.50
49.13
10.31
220.238
1/26/01
23.31
18.60
44.63
15.81
291.163
2/23/01
20.95
12.40
46.35
15.03
240.894
3/2/01
22.40
12.03
44.15
14.89
248.039
3/9/01
23.61
12.34
46.26
14.24
258.590
3/16/01
22.90
9.99
41.30
12.40
237.195
3/23/01
21.32
11.62
39.99
11.82
235.337
3/30/01
21.30
9.97
39.03
13.00
225.604
4/6/01
20.50
6.96
37.90
11.10
200.698
4/12/01
21.78
7.43
41.31
11.80
213.747
Note: This is the last entry. Use the formula if you really want to know.
It was a nice ride with a roller coaster and may be again we hope.
6.9465xT + 6.004xLUx + 0.289xNCR + 0.5003xAV+ 2.235xAWE = 1 DPI share