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Biotech / Medical : ACMI - Accumed Inc.
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To: Cisco who wrote (1592)3/27/1998 11:27:00 AM
From: Frank Buck  Read Replies (1) of 1894
 
Cisco,

<If ACMIC closes 10 straight trading days at $1 or above, will they automatically lose their "C" for meeting the Nasdaq requirement?>

Darn good question !! I would suppose so....but what then if it dipped below it momentarily after that?? Another C, probation and another grace period followed by another ten day period of maintenance above the required $1 bid??

That C suffix is an eyesore. One way or another it shouldn't be there too much longer.

Frank
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