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Technology Stocks : Irvine Sensors
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To: Paul Shield who wrote (396)1/10/1998 9:37:00 AM
From: Robet Butkus  Read Replies (1) of 1673
 
At the end of February, the new NASDAQ rules take effect for stocks
trading under $2.

Besides raising the net asset requirements, any issue whos bid falls
below $1, and remains there for 30 days will be delisted.

It seems as though there is a general comfort factor now on the
price, so that may not be a problem.
However, investors should call the company to see if they will
meet the new net asset requirements.
Any delisting will diminish this companies exposure, and be a huge
negative.

Will continue to monitor IRSN, and await further developments.
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