Wit Capital - The way of the future? Message Board

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Non-Tech : Wit Capital - The way of the future?

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To: A1BRIAN who wrote (16803)	11/18/2000 10:58:04 AM
From: Elroy	Read Replies (1) of 16809

Frankly I don't understand Wit's business model anymore. With a bunch of I-bankers and highly paid analysts, what is the different between Wit and Bear Stearns, or any other 2nd tier investment bank for that matter? When Wit does an IPO, do they give all their shares to E*Trade, or do they give them to their institutional clients? Does Wit have institutional clients? Elroy

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