Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: eDollar.com who wrote (4941)	6/16/1999 12:58:00 AM
From: neverenough	Read Replies (2) \| Respond to of 16809

I thought Wit went to lottery,, I didn't reply for CARI cause I don't think it will do much and most likely will be lower than the IPO price in 60 days. I just got this Dear John from Wit and it states their still FCFS, We were unable to allocate you shares in this offering and therefore your conditional offer has been cancelled. Wit Capital allocates shares on a first-come, first-served basis. However, demand often exceeds supply. One or more of the following may have been a factor: 1) your account did not contain the minimum $2,000 net market value in cash or fully paid securities at the time the deal went effective 2) you did not reconfirm your Conditional Offer on a timely basis when asked to do so by Wit Capital 3) you have flipped shares within 60 days of purchase (see our "flipping" policy) For a complete description of the allocation process, please visit the Rules and Procedures section of our Web site (www.witcapital.com) and click on "Purchasing New Issues". For questions - Mailto:members@witcapital.com For removal - Mailto:NewIssueAlert@witcapital.com?subject=UNSUBSCRIBE