SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Infospace - Another internet high flier?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: epicure who wrote (25)11/30/1998 7:55:00 PM
From: David B. Higgs  Read Replies (1) of 38
 
X,

I too am buying through Schwab and like you said, if shares are sold within the first 30 days, you risk being excluded from Schwab IPOs for six months.

Quite frankly, this IPO will be significantly over-subscribed and if you or I get as much as 100 shares, I would be surprised. With an initial investment of maybe $1000, I see no reason to be in a hurry to sell on the first day.

I'm also in the Select Comfort IPO and expect to get all the shares requested. If I have a decent gain sometime during the first day, I will not hesitate to sell and wait six months for my next Schwab IPO. Since Schwab said "you may be excluded" for six months, I wonder if they have the programming in place to actually police this policy. We may both find out in a few weeks.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News