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 16.54

+1.6%

Dec 30 3:59 PM EST

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To: Carl Worth who wrote (4313)	4/3/2000 1:24:00 PM
From: Topannuity	Read Replies (7) of 10270

From Fidelity IPO thread-- "In response to customer feedback, Fidelity Brokerage Services, Inc has made a change to the IPO Flipping policy. Effective Monday March 27th, all eligible Fidelity customers who had previously been precluded from IPO participation for selling IPO shares within the 15 day tracking period immediately following trading in the secondary market, had this designation removed from their accounts and are again eligible to participate in the IPO process under the new flipping policy." Wonder what caused the change in policy? Think that recent poor IPO performance and fewer people going for these IPOs may have influenced this decision?? "In response to customer feedback"...right, and the moon is made of swiss cheese, too...haha Think ET will do the same? How else will the underwriters move all their inventory?

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