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

To: Gerald Walls who wrote (2269)	5/11/1999 12:49:00 PM
From: mact	Respond to of 15145

gerald, etrade CS rep's make me laugh.....when i flipped at 66 and 65.5 on the phone, he had the audacity to say "did u know this is considered flipping and could prevent u from getting future ipo's".....i almost said " hey moron, the previous 4 flips havent stopped me from getting free money yet" ....lol....even if they start to enforce this rule, ive already made my share. mact

To: Gerald Walls who wrote (2269)	5/11/1999 12:51:00 PM
From: Danny	Read Replies (2) \| Respond to of 15145

For a good IPO like TSCM, it does not make sense to flip at all unless you are an acute trader. I never flip IPOs, although I have many bad IPOs in my bag (NETO, CDOT, ATHY), and you can also argue that I should have flipped VUSA and MPTH. But, I have also hold all my EBAY, GCTY, and PCLN so far. My EBAY profit alone can afford me to buy 10 more junks like CDOT. The point is, you don't know which one is going to fly sky-high. To risk the chance of being kicked out of the IPO game as well as missing some huge run-up is not worth it. And, to me, both TSCM and MMXI will easily reach 100+ in the next 12 months.