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Technology Stocks : E*TRADE IPO ALERT THREAD -- Ignore unavailable to you. Want to Upgrade?


To: gaj who wrote (11224)10/14/1999 9:21:00 AM
From: Topannuity  Read Replies (5) | Respond to of 15145
 
E*T Allocations - FCFC? Random? or ****BIASED TO NEW ACCOUNTS? ****

I invite everyone on the thread with multiple accts to replicate the allocation study I did last night on my accts. I went back to May, 1999 and recorded evey allocation I received in a spread sheet. There is nothing I do differently with these accts in the way or timing of my ioi's. I ioi all accts usually within 15 minutes. All accounts have always had at least $5000 free cash. Most importantly, each of these accts has a unique Social Security number and none of these accts are linked to each other.

MY CONCLUSION: Since RHAT, Etrade has been favoring NEW ACCOUNTS over OLD accounts, all other factors held constant. Please do the research on your accts and report to the thread, too.

HISTORY OF MY ACCTS ALLOCATIONS:
Opened 1st acct in May and got TSCM,MMXI,ARBA,RAMP,HSAC,TANN,RHAT - None since RHAT

Opened 2nd acct in June and got ARBA,RAMP,RHAT - None since RHAT

Opened 3rd acct in July - following week I got TCTY - None since TCTY

Opened 4th acct in Sept - following week I got SMDK

Opened 5th acct in Sept - following week I got DALN