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"That business was profitable when CONTACT left Co. in 01.02 and was generating $130 million to $150 million a year in revenues. So I think it was highly successful. Co.`s STOCK price has been hovering around $10 a share recently, whereas it reached over $300 a share two years ago, before a two-for-one stock split. "The company was briefly worth something like $14 billion. "The businesspeople associated with it saw that, and, greedy is a harsh word, but they started demanding far more than was realistic for that business. Had the original business plan been followed through, I think Co. would have continued to grow as an online information business over a long period of time."
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