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

To: dr. z who wrote (72)	1/26/1999 5:02:00 PM
From: David B. Higgs	Read Replies (1) \| Respond to of 612

dr z, As far as flipping, I have requested shares in every IPO since Select Comfort and not once have they questioned my flipping AIRB. Of course that may be the reason I didn't get any INSP shares. I can only assume flipping puts one at the end of the line otherwise my guess is that I would have received a call either Friday or Saturday rather than today. Any Schwabies looking to get in on the Entercom (ETM) IPO which is expected to price Thursday night?

To: dr. z who wrote (72)	1/28/1999 7:46:00 PM
From: David B. Higgs	Read Replies (2) \| Respond to of 612

dr z, You were asking the other day about Schwab and their possible concern with flipping IPOs. As I said, Schwab gave me 100 shares of Allaire although I flipped Select Comfort. I also requested shares in Entercom and they took my order. Entercom priced tonight and Schwab called offering me all shares I requested. So I'm thinking they don't/can't track flipping. Ten minutes after my first call from Schwab I get another call from them saying they now see I flipped Select Comfort. It seems I lucked out as they were/are in the process of changing systems and I fell through the cracks. He said they "would not take my Allaire back and I will get my Entercom shares" but they are marking my account as "restricted " for the next six months. So it seems to me, since I will be locked out for the next six months, there is no reason not to sell ALLR or ETM early if I so choose. I had also requested shares in PerotSystems, to price next week. I guess I don't need to stand by the phone waiting for a call.