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Technology Stocks : Optical Networks and Components, DWDM and Tunable Lasers
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To: avanti77 who wrote (49)2/14/2000 7:16:00 PM
From: Steven Finkel  Read Replies (1) of 275
 
Fibercore is currently traded on the otc:bb. You may be aware that the bb has recently taken steps to delist many companies to the pink sheets who are not in compliance with bb standards. This was done to decrease the number of fraud companies operating on the bb. Fibercore is in compliance with bb standards, one of which is to file audited quarterly results with the sec. Fibercore does want to trade on the nasdaq, and is in compliance with all requirements to apply for listing, except one. The stock price must trade above 4 dollars for a certain period of time. Notice that there is currently some resistance at this point. Regardless, FBCE is a great buy. I expect the market to reward fbce and 4 dollars/share shouldn't be a problem soon.
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