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

To: Richard N. Barg who wrote (5227)	6/20/1999 7:01:00 PM
From: ChopChop99	Respond to of 16809

RedHerring revised rankings on next week's "Hot IPOs" redherring.com

To: Richard N. Barg who wrote (5227)	6/20/1999 11:46:00 PM
From: Manny	Read Replies (1) \| Respond to of 16809

Wit's message is wrong. I have margin account with more that 70-80k in fully paid securities plus about 40-50k in margin buying power. But I dont get any IPOs! No flipping in this account to blame. Previously I used to wire funds a day or two before pricing day and I got IPOs that way. But lately any wired funds in swept into margin account to cover margin balances as a results my account shows 0 cash balance. Which means no IPOs! I am so frustrated with this. I must have send like 40-50 emails concerning this! But it does not help. They do not consider margin buying power into account while allocating. My solutions to the problem...opened a new account!