Logic Puzzle # 7 Logic Problems Help

IPO Mania
by Randall L. Whipkey

Last week, five Ocean City Stock & Bond Co. clients, one being Witter, purchased shares in Initial Public Offerings on the NASDAQ. Each of the five, including Leah, invested in a different company in a different market sector, and each paid a different amount per share for his or her stock. Given the ticker tape below, you should be able to find each trader's full name, the company and sector in which he or she invested, and the price per share for that stock.

1. The share prices ranged from \$10 to \$30, and no two clients paid the same amount per share.
2. Jeff paid twice as much per share as the investor who bought into OmniPsi.
3. Maura didn't buy the company in the marketing sector.
4. Ian paid \$15 more per share than Legg did.
5. The software company's shares sold for \$5 less than those of the company whose shares Paine purchased.
6. The internet firm's IPO price was half that of the company in which Kevin invested.
7. Neither Merrill nor Schwab is the investor into telecom.
8. The Clarion Call stock cost \$15 more per share than the marketing IPO.
9. Legg didn't buy the OmniPsi shares.
10. Ian didn't invest in the software sector.
11. Paine and the person who got Mercury Servo, which isn't in the software sector, saw their shares double in price by the end of the first trading day.
12. Both the biotech stock and Clarion Call were rated strong buys by the O. C. S. & B. analysts covering them.
13. Kevin's purchase wasn't the Relevant Research stock.
14. The investor who acquired the SW/Global stock wasn't Merrill.

Logic Problem Solution