E*TRADE IPO ALERT THREAD Message Board

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Technology Stocks : E*TRADE IPO ALERT THREAD

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To: Bob Duncan who wrote (212)	4/9/1999 8:56:00 AM
From: Dana Johnson	Read Replies (1) of 15145

Well, guess what? I now have a "net outstanding call". There was not sufficient funds as of market close last night, but there was yesterday morning. So the allocation is done based on the account opening balance! All I can say is: their software must be an awful kludge. But hey, if we know the algorithm, at least we can use it. I can't imagine this still working this way in 6 months (though I can't understand why I don't have realtime balances either). dana

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