E*TRADE IPO ALERT THREAD Message Board

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Technology Stocks : E*TRADE IPO ALERT THREAD

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To: Tom_ who wrote (1981)	5/10/1999 4:43:00 PM
From: Hollywood	Read Replies (2) of 15145

Another example from: Service Center Topics Customer Service Live Forum Live Forum Archive Week of 3/22/99 Question from MIKEPLEWIS If I complete the online profile reviewed the prospectus and placed an order for an IPO within 5 minutes of it posting on your bulletin, how is it possible to not receive any shares of the IPO? *Warren ETRADE C/S** It doesn't matter when you enter in an indication of interest as to whether or not you receive shares--this is not done on a first-in, first-served basis. Rather, what happens is we close the window, find out how many shares we have been allocated, and begin to issue out shares in 100 share blocks. If we have more indications than shares, they are then issued out randomly in blocks of 100. . . . And a special message for my associates: No, I have nothing better to do. Hollywood

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