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To: freeus who wrote (10975)6/28/1999 6:14:00 PM
From: PAL  Read Replies (1) of 19700
 
Freeus,

just got in touch with ETrade about Eloan IPO and asked about a window of opportunity. The window at Etrade is about 2 hours, during which you can indicate your interest (IOI). If you ahve enough enough in the account when IPO takes place, they will let you know how many shares you will get. So don't need to wait at the computer once IOI has been received by Etrade.

Under directed shares program, you'll get the shares if the IOI has been accepted and evaluated as eligible. The question is how many shares. Under open IPO, you usually get round lots, more likely 100 shares.

Maybe Wit Capital operates the same way.

Best wishes

Paul
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