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Non-Tech : TD Waterhouse Group (TWE) -- Ignore unavailable to you. Want to Upgrade?


To: Ibnbatutaa who wrote (191)6/20/1999 2:06:00 PM
From: Mama Bear  Read Replies (2) | Respond to of 1413
 
"If you flip and get side-lined (for future IPOs) you can go to another broker for the next IPO."

The problem with that approach is that you'd soon end up out of brokers. Then there is the hassle of opening all those accounts. The variable we're not seeing is what it takes to get on the flip list. If I get allocated 1000 shares of TWE and sell 1 before 60 days is up, does that take me out of the game? Could I flip 999 and stay in the game? How about half and half? The web site says history of flipping, can I flip one and keep one? One of ten? Will you be told if your out of the game for flipping? There is an article in TheStreet.com today about the holding period:

thestreet.com

Barb