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To: PAL who wrote (135006)6/29/1999 3:32:00 PM
From: freeus  Respond to of 176387
 
OT
Any special time to place the order the next day: wait until 10 et as one usually does, when there is a lull, or for an ipo, just buy? I assume you have to accept market order price?
Freeus



To: PAL who wrote (135006)6/29/1999 3:38:00 PM
From: stockman_scott  Respond to of 176387
 
~OT~<<Stockman Scott: are you listening as well? >>

Paul: My Schwab account has been upgraded and I now have access to selective IPOs -- whatever that means <G> . Of course I really wanted IPO shares of ARBA and EELN -- but it didn't work out. I tried to buy both stocks (with limit orders) on the opening days. ARBA opened at nosebleed levels and hasn't come down. EELN was a better situation for me. There were concerns about EELN and it didn't have the hype or expectations that ARBA had. I had a limit order in for 600 shares of EELN (to be purchased at a max. price of $24). I feel fortunate. My order filled before the EELN rocket took off -- and I knew it would. IMO, EELN could become the Yahoo of the online finance world. Their head of marketing and business development created the Saturn brand. EELN has all the critical success factors to really be a BIG player in the online world. I plan to hold this for the LONG TERM in my online IRA. My only mistake was not buying more shares <G>.

Best Regards,

Scott