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Technology Stocks : AVCI
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To: bob zagorin who wrote (109)8/20/2001 6:37:04 PM
From: Johnny Canuck  Read Replies (1) of 190
 
Anyone know the conditions force a company to delist from the Nasdaq? AVCI is now below $5.00 which is one of the conditions of listing in the first place (above $5.00 for 60 day I believe and a market cap bigger than some fixed amount.). I wonder if that applies for delisting a company. At the current price I would imagine a lot of mutual funds can not hold this company, which might be accelerating the slide.
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