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Technology Stocks : CNQR - Concur Technologies

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To: 4 - Bob who wrote (2)12/5/1998 3:00:00 PM
From: Early Out  Read Replies (2) of 374
 
Even with this in mind, I placed an indication of interest with E*TRADE for the following reasons.

I did the exact same thing Bob, for the same reasons! 100 shares isn't going to send me to the poorhouse, even if I do have to end up using them as wallpaper. :-)

What is your feeling on the strongly recommended minimum 30 day holding period by E*TRADE and the potential of being excluded from future ipo offerings if you exhibit shorter holding periods?

I can understand where they are coming from. Perhaps they will get fewer IPO opportunities if their client base sells early, so by holding a hard line they enable all of us to have more opportunities.

Seems to me you don't want to screw your chances for a big score with a future IPO by selling your CNQR early, although if you can get a worthwhile number of shares of an IPO through E*Trade it probably isn't much of a high-flier anyway...

-jsc
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