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Article: Real Goods Announces First Trades on the Internet; 11-Year-Old Uses "Hedgehog Sitting Dollars" to buy Real Goods Stock.
- Article from:
- Business Wire
- Article date:
- September 16, 1996
CopyrightCOPYRIGHT 1996 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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UKIAH, Calif.--(BUSINESS WIRE)--Sept. 16, 1996--Real Goods Trading Corp., the first company ever to receive Securities Exchange Commission (SEC) approval to establish a trading presence on the Internet (http://www.realgoods.com), today announced the first successful trades on the system.
11-Year-old Will Hambly, of Los Altos, Calif., succeeded in buying 10 shares for $6.75 per share on the Internet. According to Hambly, "I took care of my neighbors' hedgehogs while they were on vacation and I wanted to turn that money into a long-term investment in Real Goods." (A hedge against inflation?)
Other trades consummated on the Internet included a 200-share block ...