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To: Sonny Blue who wrote (73)5/10/1999 11:19:00 PM
From: John K. Culley  Read Replies (1) | Respond to of 1822
 
Interesting....I had no idea ETrade would/could restrict your trading of an IPO. If brokerage houses/underwriters did this, the stock action would not be too exciting (no shares to trade). Where did you hear about ETrades restrictions?

MarketWatch IPO'd @ $17 and was up 458% the first day....

Jack



To: Sonny Blue who wrote (73)5/11/1999 2:33:00 AM
From: Gerald Walls  Read Replies (1) | Respond to of 1822
 
ETrade seems to prefer you to hold it for more than 30 days, otherwise they won't give you any IPO next time?!

As of now I believe this is absolutely not true. They may do it in the future but at this time I know they don't:

On Friday I dumped all the CDOT and NETO that I got as an IPO and flipped half of the MMXI I got as an IPO. I just received 100 TSCM.