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

To: E*Trader who wrote (13682)	11/22/1999 9:50:00 PM
From: 4 - Bob	Read Replies (1) \| Respond to of 15145

Your Account Activity Theory does not apply in my case. I have a very active platinum account that has not received one single IPO in the last 4+ months, although I IOIed for almost all the ones offered by E*trade. Good luck guys, 4-Bob

To: E*Trader who wrote (13682)	11/22/1999 9:52:00 PM
From: neverenough	Read Replies (2) \| Respond to of 15145

Sir: your chances in getting IPO depend only on your activity. Platinum account that is not recently active will hurt more than benefit, because it stands in competition with other platinums that are much more active Your chances have nothing to do with activity! I have a platinum account that was opened in Sept 99, since then that account has received BBSW, CGLD, NTSL, RPCK, VIAD, PRDS, IBAS, RTEC, VRTA. All have been flipped except VRTA(still holding), I have not made one other trade in this account, other than those IPO's listed, so it's seems to me activity has nothing to do with the allocation process. FWIW, 0/3 DIGI.

To: E*Trader who wrote (13682)	11/22/1999 10:02:00 PM
From: Jim B	Respond to of 15145

i can assure you with at least 50 to 100 trades PER WEEK my platinum acct is active though I've NEVER gottan an IPO allocation yet.. I've spoken with an etrade manager who sits on the IPO process team and he assured me that 1) more shares are allocated for platinum accounst than for regular accounts (ie: platinum doesn't get them all) 2) they have a 100% random generator that cycles through accounts picking those who qualified/confirmed and have sufficient funds without any logic whatsoever.. 3) it is randomly possible for one account to get 1000 IPOs in a row and another platinum acct to get 1000 DJs in a row 4) He will mention the idea of putting some logic into the randomizer so that platinum accts wont have to go so long without getting an ipo while others seem to get 10 to 20 a month in some cases net of it is: I still have no IPOs and they haven't changed it nor will they anytime soon still I remain a loyal customer hoping they can make me happy one of these days re: IPOs jim