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To: VBroady who wrote (92)9/19/1998 9:59:00 AM
From: lloyd bashaw  Respond to of 7772
 
VBroady:

What does this phrase mean?

"you don't get the $xxx originally IPO price unconditionally"

Thanks



To: VBroady who wrote (92)9/19/1998 2:06:00 PM
From: tiquer  Respond to of 7772
 
Vbroady,

This is not intended to being antagonistic... but...

1. Do you understand E-Trades method of allocation of the shares they have?

2. Why didn't anyone let the thread know of the offering PRIOR to the start of the sign up for an "Indication of Interest".

3. It wasn't Scott that let the thread know it was Don (a bit late for any real benefit to the thread..but a nice gesture...)

4. Could you point me to this "fine print" you read...?? I think you are mistaken about that.

Answers... mine.. ;-)

1.E*TRADE's goal is to allocate shares evenly amongst all interested participants. The process takes place in rounds; in the first round, 100 shares will be allocated to each order submitted in the sequence indications of interest were entered. In the second round, another 100 shares will be allocated to each order greater than 100 shares. This process is repeated until all orders are filled or until they run out of shares to allocate, whichever occurs first.

2. They didn't let anyone know for obvious reasons.. So where is this good will you were talking about????

3. Same as #2

4. I bet you read something in the prospectus???

It is just a GUESS but I bet there were thousands of people signing up within the first few hours of the sign up period beginning. So..the question is how many shares of the 3.5 million did E- trade get... My GUESS is 200,000 max... So 200,000/100 = 2000 E-trade account holders to get 100 shares.

Any one else have a GUESS as to the number of shares E-trade has?

Roger R.



To: VBroady who wrote (92)9/19/1998 4:03:00 PM
From: VBroady  Respond to of 7772
 
I was only referring to the limitation of only 100 shares -- sorry misworded. If not an Etrade member, it's probably too much of a hassle / too late now anyway.

Unless you have a Goldman Sachs account w/ 5M in it, AND an established history trading with GS, your out. Hang on, let me go check my savings...

Broadcast.com was nothing --- Ebay will hit the sky -- possibly 100+ in first couple of hours. Yes, 100+.

Unfortunately, once us little guys can get at it, most of this climb will be alreadly completed.

IMHO --- VB