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Technology Stocks : Let's Figure Out the New E*Trade IPO System!! EGRP IPO

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To: Topannuity who wrote (12)6/21/1999 10:14:00 PM
From: ChopChop99   of 35
 
Figure this out, Top...

Account is about 4 months old. Got PCLN and flipped it the second or third day of trading. Got Dear Johns on:

VUSA
MMXI
ALOY
TSCM
RAMP

There may be more that I can't remember, but if so then you may rest assured that all I got was a Dear John for that, as well. Have called and asked for a clearcut explanation of their policy (old policy) and been told all of the following (paraphrased, but accurately so):

"We allocate our shares in a fair and equitable manner."

"It's not first come, first served, but our website does not contain false advertising."

"We actually have nothing to do with who gets shares. We just collect the information, turn it over to the underwriting syndicate, and they tell us who can have shares."

"It is not a lottery."

"I can't tell you what the process is, because it's against the law for me to tell you."

On some of those, I had excellent timestamps that were earlier than other posters who got shares, including admitted flippers. If anybody can figure out anysystem here, I really wanna hear it!
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