RAZF--Razorfish...Will this little fishy be a good catch?? Message Board

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Technology Stocks : RAZF--Razorfish...Will this little fishy be a good catch??

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To: Martin who wrote (22)	4/27/1999 10:24:00 PM
From: Gary Metzer	Read Replies (1) of 258

Martin, Re: My broker says there is no "grey market" on these types of IPO's so noone can get shares prior to the first trade today which was about $32.00 If the above comment is truly what your broker told you, then I would suggest that you GET ANOTHER BROKER as he doesn't know his ..... from ...... (you can fill in the blanks). Razorfish was an IPO where the lead underwriter was CS First Boston. CS First Boston has an agreement with Charles Schwab where they will provide Schwab with IPO shares when they are lead underwriter. Schwab then offers them to their top customers who request IPO shares. On high demand IPOs like RAZF, Schwab usually only allocates a maximum of 100 shares per customer. I received a call from Schwab LAST NIGHT saying my offer to purchase shares of RAZF was accepted. I agreed and the order was placed in my account by Schwab today and the shares will show up in my account before Monday at $16.00/share. If you have other questions that I didn't answer thoroughly enough, please PM me and I will be glad to answer them. RAZF is a good company and if you bought the shares today, I'm sure you will do well. Gary

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