The Panda Project (PNDA) Message Board

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Technology Stocks : The Panda Project (PNDA)

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To: TheLineMan who wrote (787)	1/30/1998 4:05:00 PM
From: Mitchell Ryan	Read Replies (1) of 1521

<<As I see it hey can meet the requirement two ways:>> As I see it, they can only meet the requirement one way, and that depends upon the initial listing option selected when they were first filed for listing. <<1) Minimun - $5 a share and 40 million market cap.>> This requirement is for continued listed given an original filing under Nasdaq's initial listing option 3. <<2) Minimum - $1 a share and $4 million tangible net assets.>> This requirement is for continued listed given an original filing under Nasdaq's initial listing options 1 & 2. Since we have seen the stock trading under $5/sh for extended periods in the past, I assumed that Panda's original filing was either option 1 or 2. Perhaps I am wrong and someone else can provide further clarification. Regards, Ryan

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