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Non-Tech : TD Waterhouse Group (TWE)

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To: Mama Bear who wrote (188)6/20/1999 2:41:00 AM
From: Ibnbatutaa  Read Replies (1) of 1413
 
If you flip and get side-lined (for future IPOs) you can go to another broker for the next IPO.Incidentally I believe other brokers also wave this deterrent flag at their customers (not just Waterhouse). WIT requires 5K in the account I think.
Perhaps this issue of side-lining could become a rallying point for the on-line investing/trading community as it is patently unfair that the big guys who get most of the issue can then reap profits without penalty: the reason for this deterrent I think is to reduce volatility but a lot of these stocks are wayward well after the 60 days...no sense! Need Spock!
Ibnbatutaa
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