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Non-Tech : Steelcase IPO -- Ignore unavailable to you. Want to Upgrade?

To: Ed Gillespie who wrote (2)	2/4/1998 8:41:00 PM
From: Superhawk	Read Replies (2) \| Respond to of 27

Ed: I'll contact my broker at Dean Witter first thing to garner all the info I can about the issue. I'll also bounce around the net tonight. You wrote:I did hear that the stock must be held 5 days after the IPO before it can be sold. I've never heard of a mandatory hold on any common stock traded on a major exchange (except for those imposed by the SEC, of course). I do know that some brokers are "scored" by how long their clients hold shares of an IPO. Those brokers who service "flippers" get fewer shares in the future. Perhaps your broker is imposing his personal anti-flipping rule on you. I'll post any information I get.