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Open IPO

Open IPO

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Finally, Revealing What's Behind Closed Doors

by IntegraRacer , Jul 11 '00
Pros: opens up the door to smaller investors to participate in IPOs, easy to use, fair share distribution system
Cons: you are required to open a WR Hambrecht brokerage account or have one with a participating brokerage
If either OpenIPO or WR Hambrecht & Co. sounds familiar, there is probably a good reason. The founder of WR Hambrecht is Bill Hambrecht, of Hambrecht & Quist (H&Q) fame. H&Q has had a long tradition in the investment banking industry,...
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