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Microcap & Penny Stocks : Syncronys Softcorp (SYCR)

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To: telephonics who wrote (16259)7/15/1997 5:46:00 PM
From: Jon Spaulding   of 30240
 
"It is recognized that certain financially sound companies are unable to meet fully the
Exchange's regular listing criteria because, for example, of the nature of their business, or
because of continuing large expenditures of funds for research and development. Such
companies may, however, qualify for listing provided they meet the numerical criteria outlined
above, have sufficient financial resources to continue operations over an extended period of
time, and are otherwise regarded as suitable for Exchange listing."

Telephonics....

Firstly, they have met SOME of the requirements not ZERO as you have stated. Secondly, according to the above excerpt...you are wrong again.

js
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