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Add Martha Stewart's IPO to the list of downward priced to " special people" and then took off. Of course, it's now very much off it's opening day price.

I don't think her company is in the same league as these guys. While I don't know the original IPO price for MSO, Yahoo charts show that it initially traded around $40 in late '99. (There were no huge spikes up after it started trading.)

Within 6 months or so, it had dropped to around $15. It tried to come back but it's got a pretty ugly chart and never got back to its initial levels.

It's late, but I just finished reading " MARTHA INC." and they did underprice the IPO and it shot way up, upon opening to the public. Then, yesm it fell and is now in freefall. If you want the figures, I'll look it up tomorrow / later.