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Technology Stocks : Etrade Screwed Me Log

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To: HiSpeed who wrote (3)5/13/1999 3:11:00 AM
From: Dale Baker  Read Replies (1) of 33
 
The IPO IOI system is a sick, pathetic joke, comparable to a bunch of 15-year-olds all trying to get concert tickets on the phone at once. I ignore it. The time is better spent researching position trades.

E*Trade should also have some sort of IPO preference for Platinum customers who generate more commissions than everyone else. I would accept a mandatory no-flip rule for 30 days if I knew I could get an allocation for every IPO that comes along.

Gee, E*Trade, if you restricted IPO's to your best customers, maybe others would actually trade more to get Platinum status.

What a concept.
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