Word: aliso
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Dates: during 1990-1999
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...highflyer like Netscape Communications or Pixar Animation that has enriched its owners almost beyond counting, there are dozens of losers that have dashed their founders' dreams. Smith Micro Software, for example, jumped from $12 a share to $14.50 a share amid the frenzy of the IPO market when the Aliso Viejo, California, maker of software for modems went public last Sept. 18. Since then the stock has cooled to about $7.25 a share, leaving founders William and Rhonda Smith to face the wrath of shareholders who sued the company in December over the slump in price. Investors who initially paid...