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Non-Tech : Invest / LTD
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To: SJS who wrote (8924)6/12/1999 11:49:00 AM
From: Thean  Read Replies (3) of 14427
 
Thanks Doc and Steve,

1. Waterhouse discourages selling within first 60 days. Those who do will be less likely to receive preferential allocation in the future. The language they used is rather soft. No ban. I really wonder if they have the resources to track all the flippers.

2. The negative thing is as long as I hold on to the IPO, I will not be able to use my margin for other purposes such as writing naked put.

3. Another question - how often has one's request been fully alloted? e.g. asking for 1000 shares and actually allocated 1000 shares in popular IPO's? I know E-trade has been giving bw 100 shares many times but do others have better allotment than this?
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