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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 (6108)	7/2/1999 6:51:00 PM
From: mact	Respond to of 16809

thanks all. mact

To: eDollar.com who wrote (6108)	7/2/1999 6:51:00 PM
From: eDollar.com	Read Replies (1) \| Respond to of 16809

Coming to Interliant, does it compare to Exodus and Abovenet. I saw in ATHY's prospectus that they host sites. Hope this is not another ATHY but an EXDS.

To: eDollar.com who wrote (6108)	7/2/1999 6:59:00 PM
From: Dave Chan	Read Replies (2) \| Respond to of 16809

eDollar, what odo you mean by taking a margin position? A couple of days ago my 200 BNBN moved to Margin and I used the cash to buy a marginable stock. Does that mean that becuase I have stocks on margin, WIT will not give me any IPOs? Thanks.

To: eDollar.com who wrote (6108)	7/2/1999 7:50:00 PM
From: ChopChop99	Read Replies (1) \| Respond to of 16809

I moved positions to the marginable stock bucket a few days ago... But I have not bought anything on margin. In fact, I haven't made any kind of trade at Wit other than buying IPO shares. And when I was talking to Wit on the phone about moving those positions to margin, I asked specifically if moving positions to margin had any effect whatsoever on the chances of getting IPOs and was definitively told that it does not. I know you can get lots of different answers, but in general you can tell when you have a Wit rep that knows something, and this fellow seemed to know what he was talking about. I can see where it might have an effect if you had bought things on margin, because then your marginable stocks are being used as collateral and are not free and clear. Other than that, I can't see any logical reason as to why having stocks in your marginable bucket would make any difference. I'd love to hear if anybody else has any thoughts or experience on this, and would love to hear if Manny just has marginable positions or has actually made margin purchases. Chop