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

To: Gerald Walls who wrote (2682)	5/14/1999 11:33:00 AM
From: Tae Spam Kim	Read Replies (4) \| Respond to of 15145

What if they only did a spot-check for flippers in MMPT. That would be my luck. :)

To: Gerald Walls who wrote (2682)	5/14/1999 11:55:00 AM
From: Hollywood	Read Replies (1) \| Respond to of 15145

Gerald, You have repeatedly, and emphatically, stated that the IPO allocation is FCFS, that there is no penalty for flipping, and that the cash buying power at open is what is necessary for allocation. What you have failed to do, however, is account for the numerous instances where early timestamps did not receive allocations, despite the fact that they met the cash requirements. Some of the others on this board are trying to find the reason for the discrepancies which you appear to be ignoring. I don't believe there is a lottery system, but there is obviously something more to it than plain old FCFS. Until you can contribute something to this front, how 'bout you quit with the attitude. Hollywood