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

To: Frederick Langford who wrote (2510)	5/13/1999 12:30:00 PM
From: DebtBomb	Read Replies (1) \| Respond to of 15145

What's up at Etrade with the portfolio's not being available for like 3 hours, has this happened before? Thanks.

To: Frederick Langford who wrote (2510)	5/13/1999 2:10:00 PM
From: Gerald Walls	Read Replies (1) \| Respond to of 15145

I also was told by Etrade the FCFS was no longer the criteria, that once all the names were in, the shares were allotted by lottery. Until ETrade announces prominently that this is the case I will continue to believe that it's bullsh\|t. Think about it. If they want to stop IPO clickers from crashing their web site then secretly moving away from FCFS does nothing for them. They would need to widen the window to an hour and announce it all over the damn place. All of this lottery vs. FCFS stuff is a waste of time. Because of the above, you can believe with a high degree of certainty that FCFS is the most important non-cash factor in determining who gets IPOs until ETrade very publicly (NOT over the phone to individuals) says otherwise.