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Technology Stocks : Niku Corporation (NIKU)
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To: David Howe who wrote (16)4/12/2001 2:39:27 PM
From: David Howe  Read Replies (1) of 57
 
One last comment. My mention of de-listing is a real issue. There could well be enough sellers to drive it below $1 and keep it there for 30 days, thus causing the Nasdaq to delist them. That's one of the risks here I thought should be mentioned (ie. don't bet the farm on this).

Meanwhile, the company has authorized up to $10 million in stock to be repurchased, so they probably have some buying power which they could use to support the stock until the fundamentals kick it higher.

Should be interesting to watch play out.

Dave
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