I only have a webstreet acct. because of my interest in penny stocks back when Daniel (and WCTI) were on fire. For the most part, I think webstreet sucks. Does anyone have any compelling reason to pick up some IPO shares ? I just got this e-mail:
Web Street Securities, Inc. is pleased to announce that we are able to offer a participation in the Initial Public Offering of our parent company, Web Street, Inc., as described below:
Issuer: Web Street, Inc.
Security: Common Stock
Expected Size of Offering: 3,500,000 shares*
Expected Price: to 1 per share*
Proposed Nasdaq National Market Symbol: WEBS
Managing Underwriters: Fahnestock & Co. Inc., Pacific Crest Securities, Inc. and Web Street Securities, Inc.
If you think you may be interested in purchasing shares of common stock in this Initial Public Offering available through Web Street Securities, please visit webstreetoffering.com. You can view, download or print the preliminary prospectus for the Initial Public Offering from this dedicated web site.
A registration statement relating to the Initial Public Offering of Web Street's Common Stock has been filed with the Securities and Exchange Commission, but has not yet been declared effective by the SEC. The common stock may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This communication shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
No offer to buy the securities can be accepted and no part of the purchase price can be received until the registration statement becomes effective, and any such offer may be withdrawn and revoked without obligation or commitment of any kind, at any time prior to notice of its acceptance given after the effective date. An indication of interest in response to this advertisement will involve no obligation or commitment of any kind.
* These offering terms may change before the shares are sold.
Web Street Securitis is a Member NASD/SIPC and is a wholly-owned subsidiary of Web Street, Inc. |