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Technology Stocks : Microprose, MPRS

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To: Coy Lynn Gullett who wrote (87)	1/24/1998 9:32:00 PM
From: Sleeperz	Read Replies (1) of 633

nasdaq listing Herb Greenberg www.sfgate.com MESSAGE CENTER -- Memo to Clyde G., who hears that Nasdaq plans to start delisting all stocks trading below $5 -- and who wonders what the impact will be on those stocks: First, it's not $5, but $1. As of March 1, any stock on the Nasdaq Stock Market that falls below $1 and stays there for 30 consecutive days will be delisted if it doesn't rise above $1 within the following 90 days. If it doesn't, it's sayonara. The stock will get bumped down to the Nasdaq Bulletin Board or -- egads! -- the lowly pink sheets, which means they could be harder to buy and sell and that their stocks won't be listed in any newspaper.

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