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Technology Stocks : E*TRADE IPO ALERT THREAD -- Ignore unavailable to you. Want to Upgrade?

To: Bob Duncan who wrote (64)	4/2/1999 11:32:00 PM
From: mact	Read Replies (1) \| Respond to of 15145

bob, everything you say makes rational sense but one thing......if the goal of etrade is ultimately to entice as many new customers to use their service(hence make more money), then they would be stupid to try to correlate the chances in getting ipo shares with the number of trades a person makes.....for instance , why would they care to make the people that make numerous trades their number one priority?.....these people only make up prob. 5% of their customer base......the people they want are the other 95% that dont trade that often but enticed to possibly because of the ipo offerings.....if you think about it, making $500 off of a million people is alot more valuable than making $5000 off of a 1000 people(i.e.-power etrade members) ....like all internet based business models, growth is king and you will not grow by catering to the select few......just a thought anyways.. mact

To: Bob Duncan who wrote (64)	4/4/1999 1:34:00 PM
From: Gerald Walls	Read Replies (2) \| Respond to of 15145

That system you seem to have trouble with. I assume it is because you do not trade often with Etrade, and fear that this would put you at a disadvantage. I can't blame you for acting in self-interest, just as someone that generates 8,000+ dollars a year for Etrade in trading revenue prob. is looking out for his own. :) Once they've seen Paris you'll never get them back to the farm. It's too late for ETrade to pull back on their IPOs-For-Everyone. If they would have started out favoring Platinum traders then people would have grumbled but accepted it. To do that now is "taking away" something that everyone now considers their right. BTW, I'm one of those unworthy ETrade peons that you seem to look down on. I conduct probably four or five stock/option trades a month on average in my E*Trade account (I do have other accounts). If I'm unworthy compared to you, what makes you worthy compared to an even bigger trader? Why should you get a shot?