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Technology Stocks : Internap Network Services Corporation
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To: Dave B who wrote (402)5/24/2002 4:17:25 PM
From: Czechsinthemail  Read Replies (2) of 1011
 
Delisting is not an automatic even following the 90-day period. NASDAQ will likely consider the financial situation and prospects for the company. So long as INAP continues to show improvement in its path toward profitability, I think there is a good chance NASDAQ will simply wait. INAP meets the other listing requirements, so a reverse split would always be an option if it comes to that.
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