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Technology Stocks : E*TRADE IPO ALERT THREAD
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To: CatDog who wrote (3740)6/8/1999 4:37:00 PM
From: Gerald Walls  Read Replies (1) of 15145
 
You're now likely to have a one-in-50 (or less) chance of getting an IPO even as a non-flipper, no matter what you do. Yeeha. I hope those whiners who provided "a great deal of feedback" are happy with ruining the only place where one had some control over his chance of getting an IPO.

If E*Trade starts looking at trading volume or account size I'll move my account (with a size larger than my 14-years-of-experience software engineer's annual salary) elsewhere on general principle.

My feedback to E*Trade:

I've managed to participate in several of your IPOs due to my vigilance in watching your IPO pages. You've just murdered a system which gave me control over my chance of getting into an IPO and replaced it with one where I'd have a better chance of rolling snake-eyes than getting an IPO. I'm considering closing my account.
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