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Non-Tech : Wit Capital - The way of the future? -- Ignore unavailable to you. Want to Upgrade?


To: Antonio Gargani who wrote (851)3/24/1999 9:26:00 PM
From: Kaliico  Read Replies (2) | Respond to of 16809
 
The $1000 question, my experience :

Had a zero balance. I was in very early on a previous ipo, got all the emails, made all the replies, and got no shares.

I was told on the phone today by wit, "must have at least $1000 in account if you want shares", also rep stated, if you have $1000 in account, and you're allocated shares on one day, you need an additonal $1000 if you want shares the next day on another IPO", he said, "the computer knows".

This guy sounded like he knew what he was talking about, yet contradicts what another rep. told me last week who truly didn't sound like she knew what she was talkin about.

Last time i wired funds it took 2 days to show up. Banks have cutoff times for same day transfers. Call your bank.

Plan ahead better safe than sorry.

Good luck, you'll need it!

MJY



To: Antonio Gargani who wrote (851)3/26/1999 9:23:00 AM
From: Antonio Gargani  Read Replies (1) | Respond to of 16809
 
Too All,

I just got affirmation e-mail from wit for AutobyTel. It's 9:20 AM EST. Anybody know if they're IPOing today???

Surprised
Antonio

Dear agargani@mnsinc.com:

Please be advised that the registration statement for the Initial Public
Offering by Autobytel.com Inc. has been declared effective by the Securities
and Exchange Commission.

The offering has been priced above the revised range at $23.00 per share.

If you wish to participate in this offering, you must affirmatively confirm
your conditional offer to buy, that you transmitted to us previously, by
replying to this email and typing "I Confirm" in the subject field.

If you do not want to participate in this offering, take no action.

Important Note: If you fail to affirmatively confirm your conditional offer,
you will not be able to participate in this offering. If you do
affirmatively confirm your conditional offer, your allocation of shares, if
any will be determined based upon our first-come, first-served allocation
policy. See our Rules and Procedures for more detail.