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Technology Stocks : E*TRADE IPO Alert - Y2K and Beyond (EGRP) -- Ignore unavailable to you. Want to Upgrade?


To: louieb who wrote (2250)2/18/2000 7:45:00 AM
From: SgtPepper  Read Replies (2) | Respond to of 10270
 
This week's results: 0/2 on APRS, ELOQ, and GIGM in heavily traded platinum IRA accts. FIRE (50 shares) remains my only IPO, after 45 tries on almost every offering in 2 accts since last Oct.

1 of 90, so slightly over a 1% success rate. It's a lot better odds than the lottery, for prizes of this size, but with added cost and risk. Still holding FIRE, and hoping my odds for new IPOs are improving day-by-day as others flip their IPOs.

I remember a psychology experiment where they found that the rats would soon quit playing the game if never rewarded. But if only one reward was given, early in the game, the rats would keep trying forever. Hmmm.