E*TRADE IPO ALERT THREAD Message Board

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Technology Stocks : E*TRADE IPO ALERT THREAD

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To: Diamond Jim who wrote (13753)	11/24/1999 2:16:00 AM
From: Diamond Jim	Read Replies (1) of 15145

Preferred IPO Allocation for Power ETRADE Platinum Customers To increase the chances of getting shares, we now reserve a portion of every new ETRADE IPO for Power ETRADE Platinum members. Here's how the allocation process works. We'll notify Platinum customers via the Power ETRADE home page whenever a new public offering becomes available. We will accept Conditional Offers for at least two hours for each public offering, longer when the number of shares available allows. Conditional Offers placed any time during the period will have an equal chance of receiving shares.* When the window for placing Conditional Offers closes, shares reserved for Power ETRADE Platinum members will be randomly allocated among eligible participants. Any Platinum customer who doesn't receive shares initially will still have a second chance when the remaining shares are randomly allocated to all other ETRADE customers. Because demand for shares often exceeds supply, there is no guarantee that allocation requests from ETRADE customers who otherwise meet the suitability requirements will be filled. ETRADE reserves the right to modify share allocation procedures at any time without notice.

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