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Technology Stocks : NorthPoint Communications Holdings, Inc. (NPNT) -- Ignore unavailable to you. Want to Upgrade?


To: Gary Metzer who wrote (12)5/2/1999 12:46:00 AM
From: Dushyant Narayen  Read Replies (1) | Respond to of 786
 
Thanks for your reply - looks like I will be sitting around
Tue/Wed morning, watching everyone else get rich - I'm
surprised that anyone would put up with 1 hour plus on hold,
for a lousy 100 shares - although come to think of it, I
won't even get that much if you have to be on the A list to get
it. Again, I am a complete rookie at this IPO stuff but I
have to wonder why Schwab would even bother listing this as a
service - anyone with 6+ figures in their Schwab account isn't
going to spend an hour on hold on a working day (don't know
why the IPO desk couldn't be open evenings/weekends ?)for 100
shares !

One more question - if you get 50 shares or so, does this count against you if you get right back and try and offer on another
IPO ? And does it make any difference if you try and get a huge
amount i.e does Schwab allot based on a percentage of what you asked for ?

Sorry to keep whining - hope either you or Jatin has good luck
and snags a sizeable amount of NPNT !

Thanks,
DN