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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who started this subject9/27/2001 12:28:18 PM
From: Dr. Jeff  Read Replies (2) of 436258
 
Hmm, the Nasdaq must be expecting a whole lot more stocks to be under $1 in the coming months huh?
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Nasdaq Changes Listing Requirements In Wake Of Sept. 11

WASHINGTON -(Dow Jones)- Nasdaq Stock Market on Thursday suspended its minimum
bid and public float requirements in an effort to help companies remain listed.

The stock market will suspend those requirements immediately, and the moratorium will last until
Jan. 2, it said in a press release. The decision to suspend the requirements was made late
Wednesday night by Nasdaq's board of directors.

The stock market said it had suspended those requirements in response to the extraordinary
market conditions that followed the Sept. 11 terrorist attacks on the World Trade Center and
the Pentagon.

nasdaq.com\www\Nasdaq\news\35\2001\09\27\200109271048DOWJONESDJONLINE000384.html
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