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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: Sgt. Stockpile who wrote (8869)2/24/1999 6:04:00 PM
From: coydogbark  Read Replies (2) of 27722
 
I had an account at Sherson Leehman that was much bigger than
that, had it there for a long time and traded quite frequently, so when
a hot IPO come around the company would get just so many shares
and they would spread the shares between all the brokers. Then the
brokers would spread the shares between the preferred clients.
Usually clients did not get more than a few hundred shares. But
who knows they probably bought shares between themselves. I just
dont trust any of theses brokers. Wonder why. EOM
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