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Monday, October 16, 2006

SAIC Goes Public

My company went public recently and started trading in the secondary market on Friday, October 13. I purchased shares at $18. The IPO was for $15, but was traded up to $17 in the primary market. The stock opened at $17 in the market on Friday morning and closed at $18.18. SAIC provides scientific, engineering and technical services to the U.S. military and government agencies. Science Applications International Jumps 20% On Debut SAIC: A Company Built to Last


At 10/22/2006 07:11:00 PM, Blogger Money Turtle said...

Didn't the company give you some shares at or below the ipo price?

At 10/23/2006 12:37:00 AM, Blogger Smarty said...

No sir. I worked as a consultant for them. But even if I were an employee, I would not receive shares.


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