WAVX Anyone? Message Board

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Technology Stocks : WAVX Anyone?

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To: Marty Lee who wrote (4466)	11/2/1998 5:14:00 PM
From: Tony McFadden	Read Replies (1) of 11417

To all [not just Marty] To beat an already flogged horse, I have some questions about relisting. Nowhere in the Nasdaq requirements do I see that the share price [minimum bid] must be above $4 [for small cap market, $5 for national] for 30 days? The only reference to 30 days is here: "(B) A failure to meet the continued inclusion requirements for minimum bid price and market value of public float shall be determined to exist only if the deficiency for the applicable criterion continues for a period of 30 consecutive business days. Upon such failure, the issuer shall be notified promptly and shall have a period of 90 calendar days from such notification to achieve compliance with the applicable continued inclusion standard. Compliance can be achieved by meeting the applicable standard for a minimum of 10 consecutive business days during the 90-day compliance period." From nasdaq.com I have emailed Nasdaq for clarification and will post the response here when I get it. Tony

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