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Technology Stocks : Plaintree (TSE:LAN,NASDAQ:LANPF)

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To: mike t who wrote (1356)	11/27/1998 12:09:00 PM
From: Zvi Yammer	Read Replies (1) of 1606

If your closing bid price is below 1 dollar for a full month you are in violation the first time this happens you get 3 months to "cure" the situation by having your bid price stay above 1 dollar for 10 coinsecutive trading days. Then each month your stock needs ot be above 1 dollar for at least 1 day (closing bid price) However there is an appeal process which can tale 30 days. So............ 1 month to be in violation + 3 months to cure + 1 month to appleal is effectively 5 months... We are probably looking to be ok untl mid January. By then I woul hope that the 9032, Gigabit Etehrnet and the Nortel alliance will ahve enouhg strength to hoist the stock back into the 3's leaving NASDAQ delisting a long distant memory. happy Turkey day to all the Turkeys in the Plaintree Millionares club. Bye for now Zvi

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