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

To: eDollar.com who wrote (6055)	7/2/1999 12:12:00 PM
From: Topannuity	Read Replies (3) \| Respond to of 16809

Maybe we all got scared off by the big May-June break in prices. I've been thinking the past few days that I will accept EVERY SINGLE IPO which comes down the pike and just keep in mind that a few of them will break below, but the majority will gain and that the potential upside seems nearly unlimited for the winners. I have accounts at Schwab and i mistakenly passed on PHCM, CMRC, and CLRN, which, based on my prior Schwab allocation experience, I would have received 100-200 of each. That's $10k to $20k i missed! just this week alone. I also passed on FFIV at schwab. Why? Because I lost on NETO and FCST and BNBN. Yet my total losses with these 3 are only $2k and my total gains from ARBA, ASKJ, NPLS,RAMP, GOTO, VIAN, CARI, BWEB, WITC etc etc etc etc are $50k+. My point is... maybe we should stop trying to finesse this game by choosing which IPOs to take and go for as many as we can get.