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Non-Tech : Waterhouse Securities
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To: bh who wrote (1302)5/7/1999 9:36:00 PM
From: Beltropolis Boy  Read Replies (1) of 2076
 
>I just hope they don't require a high account value (100K+) to get shares.

if the process goes according to the FAQ, then i don't think that'll happen. i'm basing this on the second paragraph of question number two, regarding "preferential treatment."

but given demand and supply, i doubt each customer will be offered more than 50 to 100 shares.

as long as we're given a shot on the ground floor, i'm not gonna whine.

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Q: Will there be preferential treatment for TD shareholders?

Anyone who is a TD shareholder already owns shares in TD and therefore will continue to have an interest in the discount brokerage. For example, if the IPO were for approximately 10% of the global discount brokerage, TD shareholders would own 90% of TD Waterhouse Securities.

No preference will be given to any one group. To accord preferential treatment to particular groups would have been very difficult to manage, and the complications of constructing such special treatment would inevitably unfairly exclude some parties.
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