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

To: Topannuity who wrote (5572)	6/25/1999 9:12:00 AM
From: Antonio Gargani	Respond to of 16809

I MUST be the luckiest guy on SI this morning: Dear agargani@mnsinc.com: Wit Capital hereby accepts your conditional offer in the amount of 100 shares of Juniper Networks, Inc. common stock. The offering has been priced at $34.00 per share. Trade date: 6/24/99 Settlement date: 6/30/99 Symbol: JNPR # of Shares: 100 Price/ Share: $34.00 Total Purchase: $3400.00 You will receive a formal confirmation by e-mail and regular mail. Due to operational processes, you may not be able to view this position on-line for 24-36 hours. Accordingly, you will not be able to sell this position on-line during this time. To sell during this time, you must call our trading number. In determining whether to sell, please take into account our flipping policy at www.witcapital.com/stok3/rules/purchase.html#flip. If your account balance (including money market funds) is not sufficient to cover this purchase, please remit a check payable to US Clearing mailed to Wit Capital, 826 Broadway, New York, NY 10003 by the Settlement Date noted above. Please include your account number on your check. I've never flipped, Good luck to all Antonio

To: Topannuity who wrote (5572)	6/25/1999 10:16:00 AM
From: ChopChop99	Read Replies (1) \| Respond to of 16809

Ditto, Top... While I've never seen Wit do anything that makes me question their stated policy, I do have a big problem with the way this was handled last night. For it's all but an ironclad certainty that the only AR's that went out last night were the ones mailed to Praetor and mact around 7:20 PM. I talked to Wit reps on the telephone last night a number of times and was told over and over up until as late as around 10 PM, very specifically, that the JNPR Affirmation E-Mails were still going out. That was not so, and there's no way that Wit didn't know that this game was long over. The guys who were telling us this on the phone could've been told to say this and be totally innocent in keeping us up and waiting for so long. Or they could be telephone operators who get sick of people like us calling, and instead of remaining professional, decide to just make us stay up as long as they have to. Whatever the reason, Wit needs to straighten it out. ChopDisgusted