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

To: sjemmeri who wrote (4478)	4/7/2000 11:49:00 AM
From: 4 - Bob	Read Replies (1) \| Respond to of 10270

Steven it would seem highly unlikely that your results are just the coincidence of a random allocation, especially in light of the high allocation rate this thread has on OPUS. Here is one possible explanation. Maybe E*trade's policy honestly does not intend to knowingly penalize flipped accounts beyond 60 days, but somewhere in their allocation software there might be "logic" routines that in fact does precludes in a subtle way these accounts. Only after there are consistent posts to this thread of additional allocations in accounts that have either sold after 30 days or flipped (and passed the 60 day restriction period) will the cloud surrounding this issue be cleared. How about it gang? If you are receiving allocations in flipped accounts past 60 days or accounts that sold after 30 days, please post that info for a while until we get a real feel for this issue. TIA 4-Bob

To: sjemmeri who wrote (4478)	4/7/2000 5:44:00 PM
From: Topannuity	Read Replies (3) \| Respond to of 10270

Steven-- you notice that the DJ Alerts for flipped accounts come out about 4-5 minutes before DJs for clean accounts? If anyone is getting DJs at earlier times for accounts about which you are unsure whether ET considers them flipped or not...the timestamp will reveal their status to you. Even if an ET rep tells you otherwise. I was told by 4 reps that flipped accounts get "flagged" and that my NON-FLIPPED accounts which never get ipos are not flagged. Nonetheless, I've discovered that several of my new virgin accounts which were opened in December and have never received any ipos and have never traded anything at all and therefore could not have flipped anything...have gotten 22 consecutive DJs (since ET began enforcing its flipping rules) and that these DJ Alerts arrive about 5 minutes BEFORE my clean account DJs arrive... So somehow these particular "bad" accounts are tagged as flippers or ineligible for IPOs. You can test this theory with your accounts too. I guess the only remedy would be to close the accounts.