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To: POPO_187 who wrote (18)2/24/1999 6:22:00 AM
From: Rod Somma  Read Replies (2) | Respond to of 95
 
Does anyone know whether or not you have to have actual CASH in your Wit account on the day of pricing or if you just have to have enough of a balance (even if it's already tied up in stocks) to cover the IPO purchase?



To: POPO_187 who wrote (18)2/24/1999 10:38:00 AM
From: Rod Somma  Read Replies (1) | Respond to of 95
 
POPO, did you have at least $3000 in cash in your WIT account when you got those 3 IPO's???

I have a few thousand to cover IPO's in my "Cash Account Market Value" portion of my WIT account.

This "Cash Account Market Value" represents stock I have, not cash.

All Wit states is that you need to have $1000 on deposit in order to get IPO's.

So my question is, do I have $1000 on deposit with this money that's in the "Cash Account Market Value" portion??