priceline.com Inc. (PCLN) Message Board

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Technology Stocks : priceline.com Inc. (PCLN)

PCLN 25.43

-0.7%

Oct 30 5:00 PM EST

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To: g forrest who wrote (10)	3/24/1999 7:36:00 PM
From: RickT	of 55

>Where on their web page does it state the 100 share maximum allotment? From item 11 on ETrade's FAQs: How are the shares allocated? E*TRADE's goal is to allocate shares evenly amongst all interested participants. For this reason the process takes place in rounds; in the first round, we allocate 100 shares to each order submitted in the sequence indications of interest were entered. In the second round, we allocate another 100 shares to each order greater than 100 shares. This process is repeated until all orders are filled or until we run out of shares to allocate, whichever occurs first.

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