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


To: Jim B who wrote (3735)3/21/2000 9:04:00 PM
From: smueller  Read Replies (2) | Respond to of 10270
 
1/1 INSN. 50 shares.

-S



To: Jim B who wrote (3735)3/22/2000 11:21:00 AM
From: 4 - Bob  Read Replies (1) | Respond to of 10270
 
<<...we just have to remember that the percentages reflect the participants here.. not the overall chances of attaining shares...>>

That's right Jim B, the percentages reflect only the posters on this thread that actually posted their results. The stats at most are only a crude barometer that allows a rough relative comparison between the thread's success (or lack of success) on the different IPO's.

I would imagine the overall chances are no where near 9% and are much, much less than 1%. For instance, I read somewhere that it is estimated E*trade gets at least 50,000 IOI's on the not so hot IPO's. Assuming E*trade gets a generous 50,000 shares from E*offering and all 1000 fifty-share allotments are made, the percentage would be 2% (1,000/50,000). But in a not-so-perfect world 2% translate to less that 1%.

4-Bob