SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : E*TRADE IPO ALERT THREAD -- Ignore unavailable to you. Want to Upgrade?


To: Larry Levine who wrote (177)4/8/1999 4:45:00 PM
From: Bob Duncan  Read Replies (2) | Respond to of 15145
 
Larry:

Not sure. I would point out that a friend of mine enters 500 shares every time and always gets shares. I always just enter 100, but my success rate is poor. Also, he always flips.

I also wonder if the process involves account numbers in any way? (I mean if it is random, on easy way to do it would be to give shares to a range of account numbers)



To: Larry Levine who wrote (177)4/8/1999 5:06:00 PM
From: Tom_  Respond to of 15145
 
Re: E*Trade's system.

Hi Larry! and thanks.

I don't know about the ins and outs of entering large numbers. Hopefully, someone else might.

Bob Duncan posed an interesting question also, about E*Trade's procedure. Permit me to attach here, rather than making it a separate post, this copy of my reply to him, from the VUSA thread.

Hi Bob!

Thanks for the summary! What is your opinion on the system, do you believe it is random? I am convinced it is, and frankly that is nice to know. What do you think?

I don't know Bob. I think I'll be conservative and reserve comment. All I know for certain about anything is that I have a printout of my time-stamp.<g>

I agree with you--I think no matter what it is now, they'll probably go random. IMO they want people to visit their site after market hours and more folks will, for IPO's, if they know they have a fighting chance no matter what time they post their IOI.

Best wishes,
Tom