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Technology Stocks : United Parcel Service Inc-(UPS) -- Ignore unavailable to you. Want to Upgrade?


To: TigerPaw who wrote (116)11/10/1999 1:49:00 PM
From: freeus  Respond to of 368
 
Did you call your broker? Perhaps they wanted to "protect" you and have you do it with a rep in person so they could explain the "risks".
Freeus
Any broker should have access to this now that it is actively being traded. For an IPO of course only some brokers would have had access but for the first day? Everyone.



To: TigerPaw who wrote (116)11/10/1999 4:29:00 PM
From: David Kaufman  Respond to of 368
 
I also have an account with Scottsdale (http://www.scottrade.com) For all IPO's you must call the broker and pay a $17 commish (for talking with the broker), instead of using your net account access. It sucks, but that's the risk/gain of using a discount broker. You should still get in at a good price if you call back soon. Starting the day after IPO, the stock is listed as available. And if you choose to sell on IPO day, then you pay a $17 commish (again for talking with a broker) as well, if you wait until day 2 or after you pay the normal $7 (net access) a trade. I've done this a few times this year, including for UPS, it works pretty well. GO UPS!