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Technology Stocks : E*TRADE IPO Alert - Y2K and Beyond (EGRP)
ET 16.45-1.3%Dec 10 3:59 PM EST

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To: Lord Peter Wimsey who wrote (3389)3/16/2000 2:57:00 AM
From: bob allison   of 10270
 
0/8 on IMPV & 1/8 PSIT.

I am receiving early DJ's on my account which sold FIRE within 3 days of the IPO. I've placed requests for each new IPO, in this flipped account, as my other seven accounts. The DJ message text I get from the flipped account is different from the other accounts which have not flipped.

I think E*trade has set up different passes though their computer system searching for accounts which meet specific criteria. If it does, the text message and time stamp is different from all other accounts. If we want to narrow the possible combinations, all those interested would need to agree on a format to place on SI and post our results. For example:

1/4 on IPO XXX.

DJ on Acct# 1 at 10:23PM, no flip
DJ on Acct# 2 at 9:50PM, flipped within 30 days
DJ on Acct# 3 at 10:00PM, no cash available
Allocated Acct# 4 at 10:15PM, no flip and extra cash

Though this may take a few IPOs to figure this out, I would think within one week we will have solved the issue how E*Trade works.

Regards,

Bob
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