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Technology Stocks : The Panda Project (PNDA)

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To: TheLineMan who wrote (785)1/30/1998 3:41:00 PM
From: Mitchell Ryan  Read Replies (1) of 1521
 
<<At the moment they seem to qualify for a listing by an 1/8.>>

This is not true. For continued listing on Nasdaq, they only need to maintain a minimum bid price of $1, provided they have net tangible assets of at least $4M. The question is whether they still meet that requirement since they were only at $4.2M in the last quarterly report.

Ryan
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