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Technology Stocks : RGFX Raster Graphics

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To: Fred Fahmy who wrote (554)	4/6/1998 6:59:00 PM
From: MellB	of 593

I don't know all the details of the new requirements but I do know that they have a limited amount of time to get the price up to $1.00 a share. The $1.00 minimum share is one of the new rules. I know that there is something else that allows companies to remain on the board if the shares are below $1 but I have not seen anyone doing it. I guess it's pretty difficult for these companies to comply. That is why all of these companies are doing reverse splits right now, so they can meet the $1 minimum requirement. - Mell

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