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Pastimes : Where the GIT's are going

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To: stock leader who wrote (172696)	1/11/2009 8:46:21 PM
From: sandintoes	Read Replies (1) of 225578

Jan 5 (Reuters) - Northstar Neuroscience Inc said its board has approved a plan to liquidate the company's assets and dissolve the company. The medical device maker, which focuses on neurological diseases and disorders, said it intends to hold a special meeting of shareholders to seek approval for the plan. The company also said it will cut its headcount to a limited number of employees who will assist in the termination of operations before the special meeting. Shares of the Seattle-based company were trading up 36.7 percent at $1.75 in the afternoon session on Nasdaq. (Reporting by Santosh Nadgir in Bangalore; Editing by Anil D'Silva) That doesn't look too good.

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