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


To: Michael Calderon who wrote (5098)6/18/1999 9:39:00 AM
From: eDollar.com  Read Replies (1) | Respond to of 16809
 
OK got MAIL and STAD on flipped accounts
Dear jon on VIAN on non flipped accounts.

This is the scoop - From a very relable source.

WIT does a lottery and send affirmation notices to more people than shares it got to allocate . may be 50% more. It again does lottery to filter and throw out 50%.
So even if u got a affirm email, your chances are 2/3 to get an allocation.



To: Michael Calderon who wrote (5098)6/18/1999 9:58:00 AM
From: Hollywood  Read Replies (2) | Respond to of 16809
 
MJC,

I think you missed my point. I was not commenting on the FCFS aspect, I was commenting on the fact that they said "we did not ask you to reaffirm your conditional offer" after they did indeed ask me to reaffirm my conditional offer. This is not technically, or in any other way, correct.

Hollywood