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Technology Stocks : E*TRADE IPO Alert - Y2K and Beyond (EGRP)
ET 16.97+0.4%Jan 9 3:59 PM EST

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To: Roger L. Chuchen who wrote (3355)3/15/2000 9:54:00 PM
From: Maywood  Read Replies (4) of 10270
 
Well, I finally got an IPO on one of our Roth IRAs that I have been trying for for about 6 months. First IPO ever in that account. Not so sure about IMPV, though. I can't afford to lose money in this Roth IRA since it only has $2200 in it and I may not be able to contribute any more to it for several years. So, what should I do? I'm thinking the best thing would be just to watch it over the next 30 days and sell if it goes down near $16 (or put a stop loss order at $16.) Even tho that would exclude me from getting any more IPOs for 60 days, I don't want to lose money in that account. Or should I go ahead a flip tomorrow if it hits $25 or so? Hopefully it will open tomorrow above $16!
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