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

To: 4 - Bob who wrote (6727)	8/8/2000 7:58:13 PM
From: 4 - Bob	Respond to of 10270

OT Wit/Etrade Account Transfer date set for September 30. <<Dear Wit Capital Account Holder: We would like to thank you for your continued support and loyalty to Wit Capital. We set out in 1996 with one mission - revolutionize the capital formation process through the use of the Internet. Your support has been vital to our success - and we thank you for helping us to become one of the leading technology investment banking firms on Wall Street. As you may have read, we have entered into a strategic alliance with ETRADE as part of our acquisition of EOFFERING. As part of the strategic alliance, Wit Capital is leaving the retail brokerage business. Upon completion of the merger - expected in September- your account will be transferred to ETRADE unless you choose otherwise. We truly believe our alliance will provide you with the best of both worlds -- a brokerage account at ETRADE - the #1 place to invest online - in addition to continued access to Wit SoundView's top tier investment banking products. In the meantime, we encourage you to explore the ETRADE website. As an ETRADE customer, you'll have access to cutting edge tools that will help you make more informed investment decisions. Whether you're interested in stocks and bonds, mutual funds, or IPOs, you'll have the information and resources you need to take advantage of important market opportunities. Here's just a sampling of what to expect: IPO Center - access to IPOs exclusively from Wit CapitalTM , plus lists of current offerings, and company prospectuses Power ETRADE - with special features and services for the active investor, including streaming real-time Nasdaq Level II quotes The Mutual Fund Center - comprehensive information on more than 5,000 Mutual Funds Market FlashSM - exclusive market coverage before, during and after market hours, plus live audio feeds from CNBC We are working to make the transfer of your account to ETRADE as smooth and as easy as possible. In a few days, you'll receive a Welcome Kit from ETRADE via regular mail that includes more information about your new account and transfer. The packet will include: A description of products and services available through ETRADE A username and password that will let you see the areas of the ETRADE web site available to its customers A letter from Wit Capital that will explain your rights in connection with the account transfer Once you receive the package, you will have two options. 1. If you would like to transfer your account to ETRADE, you do not need to do anything. Your Wit Capital username and password will give you access to your new ETRADE account. Any securities in your Wit Capital account will also be directly transferred to your ETRADE account. The account transfer will take place on September 30. 2. In the event you do not want your account to be transferred, you may either close your account or move your account to another brokerage company. Please note: all accounts will be closed on the transfer date September 30th - after this date you will not have access to your account via Wit Capital. If you do not contact Wit Capital to close your account, it will automatically be transferred to ETRADE. In the meantime we encourage you to visit the E*TRADE site at www.ETRADE.com. Of course, if you have any questions regarding your account or this acquisition, please feel free to contact Wit Capital at 888-594-8227. Sincerely, Andy Klein Founder>> 4-Bob