E*TRADE IPO Alert - Y2K and Beyond (EGRP) Message Board

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Technology Stocks : E*TRADE IPO Alert - Y2K and Beyond (EGRP)

ET 16.80

0.0%

Dec 5 9:30 AM EST

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To: Jim B who wrote (3735)	3/22/2000 11:21:00 AM
From: 4 - Bob	Read Replies (1) of 10270

<<...we just have to remember that the percentages reflect the participants here.. not the overall chances of attaining shares...>> That's right Jim B, the percentages reflect only the posters on this thread that actually posted their results. The stats at most are only a crude barometer that allows a rough relative comparison between the thread's success (or lack of success) on the different IPO's. I would imagine the overall chances are no where near 9% and are much, much less than 1%. For instance, I read somewhere that it is estimated Etrade gets at least 50,000 IOI's on the not so hot IPO's. Assuming Etrade gets a generous 50,000 shares from E*offering and all 1000 fifty-share allotments are made, the percentage would be 2% (1,000/50,000). But in a not-so-perfect world 2% translate to less that 1%. 4-Bob

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