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Technology Stocks : Multex.com, Inc. [MLTX] -- Ignore unavailable to you. Want to Upgrade?

To: AmericanVoter who wrote (36)	3/17/1999 9:15:00 AM
From: cmac	Respond to of 202

Amein...Allocation at Etrade is first come first serve. They give 100 to each in turn...if there is any left (rarely) they start allocating an additional 100 until it runs out.

To: AmericanVoter who wrote (36)	3/17/1999 9:38:00 AM
From: Manny	Read Replies (1) \| Respond to of 202

Etrade allocates FCFS, 100 shares each. After one round of allocations, if any more shares are left, they will start allocating 100 shares in a second round. But with so many customers, dont ever expect more than 100 shares of a hot ipo. Etrade requires you to have 100% cash to buy 100 shares. They dont require a large account, as little as 2k is enough!

To: AmericanVoter who wrote (36)	3/17/1999 11:20:00 AM
From: Kaliico	Read Replies (1) \| Respond to of 202

ETRADE IPO's are very very competitive... Someone wrote: "They dont require a large account, as little as 2k is enough!" Hey i accept it, but i had orders in within minutes for FLAS and MLTX and got zero on both. I have never flipped the one IPO i got (GCTY) and have made a few trades through my account since 8/98. I have entered every IPO since getting zero. I think ETRADE gives priority to their Platinum customers (or whatever), who have big dollars and make many trades. Not exactly a level playing field. I heard some OINKER boasting about getting 1000 shares of FLAS through a couple brokerages and then boastin about getting 100 from ETRADE. Ya, greedy fat cat is gettin em, not sure the little guy is. Funny how society stratifies even at these levels. Regards, MJY