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Technology Stocks : General Magic

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To: Austin S. who wrote (9682)	7/24/2001 9:47:57 AM
From: equityanalyst	Read Replies (1) of 10081

Austin -- Take a look at post #9644 from JohnM for some clarification. Some stocks have remained below $1.00 for six months or longer without delisting. My understanding is that apparently much depends on the adequacy of a company's response to Nasdaq's request for information (usually issued after the 30-day-period below $1.00), their gameplan for rectifying the situation, etc. Check out the listing requirements on the Nasdaq site: nasdaq.com Even this is a bit confusing, though, because it states "A company must . . . meet at least one continued listing standard to maintain its listing on the National Market." Clearly, GMGC meets many more than one of the "Continued Listing" requirements under either "Standard 1" or "Standard 2" Best, ea

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