SCHWAB IPO ALERT THREAD Message Board

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Technology Stocks : SCHWAB IPO ALERT THREAD

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To: Gordon Gekko who wrote (1873)	12/9/1999 11:48:00 AM
From: L. Adam Latham	Read Replies (2) of 2276

GG and all: Did anyone get an affirmation call for LNUX? The web site says that process is complete, but I am afraid I may have missed it on the way to work. Schwab's IPO web site is seriously messed up with regard to item 6 (price set on same day as trading occurs). I also read that the affirmation was completed, so I called my team. The team member had no clue, so he connected me to an IPO rep (so much for your team being able to answer IPO questions). He said we were supposed to call the IPO desk to affirm. I told him this is NOT what the Web site guidelines indicate. He said he would affirm my order, but I'm suspicious he really did since the Web site said the affirmation process was complete. You should call your team (or the IPO desk) and demand to be affirmed, and should also complain that the item 6 guidelines are inaccurate. Good luck. Adam

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