Quarterdeck: Making a Striking Comeback! Message Board

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Technology Stocks : Quarterdeck: Making a Striking Comeback!

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To: Jesse Livermore who wrote (3087)	8/2/1998 12:55:00 PM
From: Dale Stempson	Read Replies (1) of 3307

RE: Delisting >>> The best indicator of profitability will be the price rallying to $1 which avoids a deadly delisting or reverse stock split to support the price. I'd guess Nasdaq will allow QDEK another quarter to get above $1 on the strength of QDEK's history, 15M cash reserves, trading volume, and market makers. <<< A reverse split or a rally to $1 may not be enough to prevent delisting. In addition to the $1 per share minimum bid requirement, QDEK has now been below the $4 million minimum net tangible assets requirement for two quarters running. Currently being over $15 million in the hole with the probability that the September quarter will also produce losses, I don't know if QDEK will be able to avoid a "Dear John" letter from the NASDAQ. Regards - Dale

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