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


To: Kumar Nathan who wrote (6167)7/3/1999 12:25:00 PM
From: ChopChop99  Respond to of 16809
 
I'm not Mary, but you should follow this link...

witcapital.com

Once there, explore and read. Then these threads will make infinitely more sense.

Chop



To: Kumar Nathan who wrote (6167)7/3/1999 2:35:00 PM
From: Mary Baker  Read Replies (1) | Respond to of 16809
 
Kumar...yes you can receive IPO shares (Initial Public Offering) at WIT Capital. You have to open an account with them and have $2000 on deposit. At that point you can try to get these shares like the rest of us. It is based on a lottery system...however you must make an offer within a certain window period of time when the IPO is requesting conditional offers. The IPO's available can be found at WIT Capital web site.

Please explore Wit Capital to find out more. It actually SOUNDS more complicated than it really is. Also, if you do receive IPO shares from WIT Capital there is no brokerage fee! So if the IPO is priced at $8.00 and you have been allotted 100 shares...your cost would be $800 period.

Also, if you have an account at E*Trade...they also offer IPO shares.

There are other places to get IPO shares as well. I would start at WIT Capital first.

Hope that helps,
Mary