Socket Communications (SCKT) Message Board

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Microcap & Penny Stocks : Socket Communications (SCKT)

SCKT 1.240

+5.1%

Nov 21 9:30 AM EST

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To: GARY P GROBBEL who wrote (299)	7/29/1999 10:16:00 AM
From: df	Read Replies (1) of 932

The interview said it all....Very good expectations for the end of the 3rd. qtr. beginning of the 4th. This is long term stuff so sit back, hold and watch this technology take off.... It just needs time. Re NASDAQ: e-mail I sent to Dave, June 28,.... Thanks for you inquiry. In order to qualify for listing on NASDAQ, Socket will need to increase its stock price to $4 per share and increase its net capital balances from today's breakeven levels to $4 million. We expect that it will take several quarters of solid revenue growth and perhaps some level of equity financing to meet these requirements. We do plan to apply for NASDAQ listing, but the timetable will depend in great part upon our success in growing the company over the next several quarters. Best regards, Dave Dunlap, Chief Financial Officer ----Original Message----- >From: >To: <dave@socketcom.com> >Cc: >Subject: Relist... >Date: Monday, June 28, 1999 2:00 PM > >Dave ... Does Socket have a date when they will file for NASDQ listing ? > >Enjoy the rest of the day. > >DF

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