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.
Technology Stocks : MPPP - MP3.com -- Ignore unavailable to you. Want to Upgrade?

To: ken whited who wrote (215)7/19/1999 1:52:00 PM
From: Guy Gadois  Read Replies (1) | Respond to of 1116
 
My broker who is part of the underwriting, said if I got any of the shares and sold before 30 days, I could not be part of any other IPO's they have for 6 months. I imagine that is the disciplinary action?

jon



To: ken whited who wrote (215)7/19/1999 4:32:00 PM
From: SteveG  Respond to of 1116
 
not at all true. Penalty bid applies only to retail (the small minority of shares allocated), and even then, only at syndicate's bid (offering price).

Stock sold by retail accounts ABOVE the offering price (I guarantee that MP3.com WILL open and stay well above the offering price), hits a "free" bid, not syndicate's penalty bid.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News