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STEVE JOBS

How sweet it is. STEVE JOBS, co-founder of Apple Computer, has been trying to come up with a second hit for a decade. No such luck--until Nov. 29. That's when his company, Pixar Animation Studios, makers of the smash hit movie Toy Story, went public with a bang. The stock, priced at 22, zoomed to 49 before falling back to 24. Jobs's 80% stake was briefly worth $1.1 billion. What's next? His other company, NeXT, is making Web software, and Jobs may see his third IPO in early 1996.


Updated June 14, 1997 by bwwebmaster
Copyright 1996, Bloomberg L.P.
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