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Non-Tech : Wit Capital - The way of the future? -- Ignore unavailable to you. Want to Upgrade?


To: Danny Chan who wrote (4664)6/8/1999 12:25:00 AM
From: neverenough  Read Replies (3) | Respond to of 16809
 
Looks like WaterHouse is limiting there IPO's to accounts with 50k + equity. This should make things a bit easier, could weed out a good 20 to 30% of participants.

As a basic eligibility requirement for IPO trading, you must have a minimum of $50,000 equity with Waterhouse and have effected a minimum of four trades within the preceding 12 months. You will additionally be required to meet certain eligibility criteria with respect to your investment objectives and financial status.