Question by Hello11: What do you think of the recent IPO filing of VMware?
Im looking at buying into this company. Any way I can buy the IPO? Anyhow, they are growing like the top growth stocks of its industry. Thoughts?
Answer by imisidro
I’m looking forward to it and have been checking with my broker as to how to buy into its IPO. Fortune Magazine is even calling it as
“The next big Silicon Valley IPO”
As to how to participate in the IPO, check with your brokerage account on the eligibility requirements. I use Fidelity Investments and you can buy into IPOs if you :
= are a brokerage customer with a minimum of $ 500,000.
= Auction OpenIPOs and Secondary offerings made available through Fidelity are reserved for brokerage customers with a minimum of $ 100,000 in certain assets held at Fidelity.
= customers who have placed 36 or more stock, fixed income, or option trades in a rolling 12-month period are eligible for either traditional or auction based offerings.
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