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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: put2rich who wrote (42075)8/8/1999 7:49:00 AM
From: LORD ERNIE  Read Replies (1) of 122087
 
First and for al, it is the E that make it a great opportunity to buy for the moment. the E is a mistake of the nasdaq and it takes al the weak hands out of the market.
Spoke to ECNC's lawyer, he confirmed full compliance per rules and that the glitch is due to NASD's failure to understand Rule 13(a)(10) regarding the election to change from fiscal to calendar year before the May filing was due. The rule basically says you instead file during the next filing period...which is why it is not due yet. The next filing will be through June 1999 not May.
For more information you better read the thread :
Message 10864069
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