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To: NASDBULL who wrote (184)8/10/1998 11:02:00 PM
From: jacksoo  Read Replies (1) | Respond to of 316
 
You might be right. Think there allocating based on prefered, read money, clients.



To: NASDBULL who wrote (184)8/11/1998 2:15:00 AM
From: Gerald Walls  Respond to of 316
 
E*Trade didn't take first come first serve!

They screened applicants and made sure they met certain capital requirements.


But you were told immediately whether you were eligible or not. I thought I saw on the E*Trade web site that they were distributing round robin to those accepted.

Maybe I just hadn't had my coffee yet...

At least I got 200 of the 300 I asked for.



To: NASDBULL who wrote (184)8/11/1998 8:47:00 AM
From: Don Pueblo  Read Replies (1) | Respond to of 316
 
They screened applicants and made sure they met certain capital requirements.

They would be shut down by the SEC if they did not do this. It's the law. IPOs are not for everyone. Sometimes, people lose money on them. They are considered speculative.