SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Wit Capital - The way of the future? -- Ignore unavailable to you. Want to Upgrade?


To: Mary Baker who wrote (6619)7/9/1999 2:42:00 PM
From: Bob Biersack  Read Replies (2) | Respond to of 16809
 
WITC owns 60K shares of LQID...

Number of
Underwriters Shares
----------------------------------------------------------------- ---------

Lehman Brothers Inc. ............................................ 1,750,000
BancBoston Robertson Stephens Inc. .............................. 1,225,000
U.S. Bancorp Piper Jaffray Inc. ................................. 750,000
Donaldson, Lufkin & Jenrette Securities Corporation.............. 115,000
Friedman, Billings, Ramsey & Co., Inc. .......................... 60,000
Raymond James & Associates, Inc. ................................ 60,000
Sands Brothers & Co., Ltd. ...................................... 60,000
SoundView Technology Group, Inc. ................................ 60,000
C.E. Unterberg, Towbin........................................... 60,000
Wit Capital Corporation.......................................... 60,000
---------
Total........................................................... 4,200,000




To: Mary Baker who wrote (6619)7/9/1999 2:47:00 PM
From: kcmike  Respond to of 16809
 
Mary,

A negative number in either the Cash or Margin Account Trade-Date Balance is a GOOD thing. For some reason, that is how they track it. It stays negative until the settlement date passes, then it moves to the money market account as a positive.

Make sense? Not to me!

Mike