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


To: Diamond Jim who wrote (14541)12/11/1999 8:59:00 PM
From: Roger L. Chuchen  Read Replies (1) | Respond to of 15145
 
Hi Diamond, I don't have a 100K in my account, but I have received the following IPOs from Etrade over the last 3 months: ASDS, MCKC, RPCX, ASFD, and DMRC. No, they're not LNUX but at least I have a pretty good return on the "free" capital lying around in my account ... Keep trying. Your turn will come.



To: Diamond Jim who wrote (14541)12/11/1999 10:23:00 PM
From: Marshall001  Read Replies (3) | Respond to of 15145
 
You can't be serious. Seems someone is trying to scare off some IPOers.. The crap that gets hashed and re-hashed here week in and week out is amazing.

IPO allocations at E-Trade are random lottery.. Simple as that. The following things make absolutely no difference..

1. Account value
2. Trading Activity (My platinum account (400 trades this year) gets no more allocations than my IRA account).
3. Account age
4. IOI time stamp
5. Re-confirm Time stamp (although RHAT may have been FCFS on re-confirm due to e-trade screw-up)

Been here a while and If there was any type of pattern I would have seen it by now. I assure you its random. The only rules that seem to be enforced are simply that you have enough free cash in your account THE MORNING an issue prices.. No selling at the end of the day to free up funds. And of course, you must IOI and re-confirm before the window closes..

Anyway, Good Luck..

M



To: Diamond Jim who wrote (14541)12/12/1999 2:18:00 PM
From: Bob Duncan  Read Replies (1) | Respond to of 15145
 
Jim, that is not true. A friend of mine has received 8 IPOs this year with a starting Etrade account of 3K. Another friend with starting of 4K has received 9. I believe it is simply random.

bob