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 (14541)	12/11/1999 10:23:00 PM
From: Marshall001	Read Replies (3) of 15145

You can't be serious. Seems someone is trying to scare off some IPOers.. The crap that gets hashed and re-hashed here week in and week out is amazing. IPO allocations at E-Trade are random lottery.. Simple as that. The following things make absolutely no difference.. 1. Account value 2. Trading Activity (My platinum account (400 trades this year) gets no more allocations than my IRA account). 3. Account age 4. IOI time stamp 5. Re-confirm Time stamp (although RHAT may have been FCFS on re-confirm due to e-trade screw-up) Been here a while and If there was any type of pattern I would have seen it by now. I assure you its random. The only rules that seem to be enforced are simply that you have enough free cash in your account THE MORNING an issue prices.. No selling at the end of the day to free up funds. And of course, you must IOI and re-confirm before the window closes.. Anyway, Good Luck.. M

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