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


To: Deeber who wrote (2306)2/20/2000 1:31:00 PM
From: Bald Man from Mars  Read Replies (1) | Respond to of 10270
 
you get it wrong, IPO is not being used to reward loyal customers, it is used to get more new accounts, hence the account size and the frequency of your trading has no bearing in getting IPOs ...




To: Deeber who wrote (2306)2/21/2000 8:39:00 AM
From: gaj  Respond to of 10270
 
deeber - i agree with you wholeheartedly. i used to be a platinum customer (well, still am, but it will end in march); i had one account, e-trade was doing good business off of me.

and i didn't mind FCFS, because you had to DO something. it would have been fairer based on # of trades, but they didn't set up the game that way.

however, this 'new' way is ridiculous. i've had a couple people open accounts, because they will get *1* IPO. and 50 shares * $20 = 1000...which will mean a 100% return on their investment.

me? i'll keep mine as a last ditch backup, but the money in there won't be anything they can make interest money from. you SHOULD get those things you requested, but you won't...