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Technology Stocks : OCCF Manufacturer of FIBER OPTICAL CABLE NEW IPO uptick up
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To: Kevin Thompson who wrote (17)10/4/1996 11:15:00 PM
From: Dee Jay   of 21
 
it's interesting to note that there are some real restrictions on which companies actually qualify for listing and listing is not automatic:

here's what the NYSE's Glossary (through their website) says about listing:

"Listed Stock

The stock of a company that is traded on a securities exchange. The various stock exchanges have different standards for listing. Some of the guides used by the New York Stock Exchange for an original listing are national interest in the company and a minimum of 1.1 million shares publicly held among not less than 2,000 round-lot stockholders. The publicly held common shares should have a minimum aggregate market value of $18 million. The company should have net income in the latest year of over $2.5 million before federal income tax and $2 million in each of the preceding two years."

It's likely that OCCF meets these requirements but there may be others; with Goldman Sachs shepherding things it may well happen before too long.

Dee Jay
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