Hey, anyone with a waterhouse account, check on
the ipo field
area. I just went to check that area
and found out that my account has been restricted.
What in the world does that mean. Any information
>>Anyone who is pissed about the mangled
way this IPO was handled should talk to their branch
manager rather than calling the 800 #. I'm sure they'll
do something for you.>>
But now you
will find the local office overwhelmed by having to
"deal" with Elec. Customer's issues from lack of 800
number satisfaction. So you are seeing the local office
washing their hands a bit of the guy that no longer
trades thru them.
It is totally human for them
to react this way....but it is a failing of the
local office+electronic business model. If they are
going to "seem" as "one and the same" then the Rev
rewards oaught not to have boundaries so the local office
feels some responsibility to you. As it stands if you
aren't showing a contribution to that offices'
commission income then it seems they don't want to have to
"front" Electronic's problems and headaches.
they fix this and make it ONE company again.
I was angry at Waterhouse when I started with
them in '97 to the point where I wanted to close my
fairly substantial account. I talked (yelled is more
truthful) to the branch manager and she gave me free trade
that negated the loss they caused by screwing up one
of my orders.
I'm glad she did that.
Overall, I enjoy Waterhouse the best of all the online
brokers. They have the best package of price, executions
and little things like checking and three days for
settlement (believe it or not, some of these guys require
CASH in the account in order to execute a trade, or
make you use your margin account.)
is pissed about the mangled way this IPO was handled
should talk to their branch manager rather than calling
the 800 #. I'm sure they'll do something for you.
Correct me if I'm wrong but when you calculate
market cap of Waterhouse it does not just include the
12% which is the present amount as of this morning
that they are spinning off but includes the entire
100% of the company which makes it's market cap much
higher than the other OLB's. Am I mistaken or is that
included in your 9 billion market cap estimate.
You are a Stockguru ? Of course you are, and I'am
DONALD TRUMP ! If you were allocated 1000 shares @
$24.00 You will owe $24000.00 plus commisions and fees.
I have a question. How were you able to order 2500
shares ? I was limited to 1000 shares for each account
that met the required criteria and received 300, and
400 respectively. Good Day.
If you flip, make sure you NEVER want another IPO
again. All discount brokers black ball you for flipping.
TWE will not even be close to the best IPO of the
year (won't even be in the top 20) given its' LARGE
opening market cap. So, you better preserve the IPO
priveledge for a better IPO latter.
PS. Got shares in
three accounts from 2 brokers (one of which was
Here are the market caps
At IPO price ($24/sh) TWE is at 9B
TWE is ranked second/third in trade
volume and charges lowest on their limit orders (only
$12) and offers better rate on money market and margin
My prediction 15-15B market cap is ok at open
~ 50% premium at open.
I propbably wont
flip... good holding for medium term
I'm sticking with Waterhouse even though I got
shut out of the IPO. I got a kick out of the fact that
you were going to take your account somewhere else
until you found out you actually got some shares. You
think we care if you stay or go? Grow up.