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Technology Stocks : EarthWeb IPO -- Ignore unavailable to you. Want to Upgrade?

To: mod who wrote (47)	11/12/1998 1:26:00 AM
From: neverenough	Read Replies (1) \| Respond to of 177

It's so hard to predict where these IPO's will be in 5 days let alone 60, but hey at $14 you can't loose. It's worth having an account just to get in on the IPO's.

To: mod who wrote (47)	11/13/1998 1:23:00 AM
From: RGrey	Read Replies (3) \| Respond to of 177

I'm interested in how one gets access to these IPO immediately. Who puts you on an A-1 list. I use Merrill Lynch and sometimes my broker can't get IPOs at its initial offering price. Who got it at $14? How did you get it? -- if you are willing to share. I got in later for both EBAY and EarthWEB. I want to do better next time. Still, I am not complaining!!!! Thanks

To: mod who wrote (47)	11/14/1998 6:21:00 PM
From: JIMMY LIU	Read Replies (1) \| Respond to of 177

To: Dennis M. If you buy EarthWeb IPO at $14.00 per share (1000 share), than you sell $60 (share) at open. How much penalty (commission(5%). You are taking about? COMMISSION 19.95 OR 60000 X 0.05 =$3000? e-mail:Jimmy4024@aol.com Jimmy Liu You can sell within 60 days, but they impose a higher "penalty" commission (5%), and you may lose preference for future IPOs. I'm planning to hold my EarthWeb for at least 60 days, as I want to continue to have access to IPOs. I realize the stock could drop in half, but what the hell, I doubt it'll drop back to 14. Might even go up, who knows? The reason they discourage "flipping" is because it helps them get allocations of IPOs, by promising a more stable base of holders to issuers. Issuers hate when the underwriters claim to place their stock in "strong hands", and then they see it all flipped the first day. Dennis