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Technology Stocks : GeoCities
GCTY 450.000.0%Mar 16 5:00 PM EST
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To: Kimberly Lee who wrote (160)8/10/1998 7:16:00 PM
From: Gerald Walls  Read Replies (2) of 316
 
Just got off the phone with GSCO and DLJP underwriting dept.

When should I expect E*Trade to tell me if I got any and how many? Being as it's already 7PM EDT I guess it'll be tomorrow morning.

E*Trade says they're distributing their shares in 100 share lots round-robin in order of application. I applied for 300 shares but at 17 don't have the cash in my account to cover the full 3 lots but I have plenty of cash buying power. Must the IPO be purchased only with cash or with cash buying power (like with options)?

Sorry about the elementary questions but this is my first IPO.

Thanks!
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