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To: Dave who wrote (256)	1/4/1999 3:21:00 AM
From: DAY TRADER	Read Replies (1) \| Respond to of 3070

Ok first off, Schwab is not the underwriter, but it does allocate its shares Second, anyone who makes 4 trades per quarter can be Schwab 500. Of course within Schwab 500 there is a large disparity between $5000 accounts and $5 million accounts, A hundred shares is peanuts in the big world of trading Schwab is throwing us a bone, so they can say the individual investor can participate in IPOs, hence couple million more accounts open, at no cost to Schwab. I would buy Schwab stock! DT DT