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Technology Stocks : Deswell Industries (DSWL)
DSWL 3.410+3.6%3:58 PM EST

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To: Ron Bower who wrote (1223)2/26/1999 2:24:00 PM
From: mod  Read Replies (1) of 1418
 
Let's hope DSWLF takes advantage of the below and drops their "F".

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Head Trader Alert #1999-3 - February 23, 1999
Discontinuation Of Fifth Letter Identifier For Stock Symbols Of Foreign Issuers

On February 19, 1999, the Securities and Exchange Commission (SEC) provided notice of the immediate effectiveness of a rule change proposed by the National Association of Securities Dealers, Inc. (NASD®) to discontinue the general practice of affixing an "F" or a "Y" to the symbol of foreign securities and American Depositary Receipts (ADRs) that trade on The Nasdaq Stock Market®.

Effective immediately, Nasdaq will change the symbol of foreign issuers who wish to remove the "F" or "Y" from their symbol. Furthermore, going forward, newly traded foreign securities will not have an "F" or a "Y" appended to their symbols.

Please be sure that your Compliance Department receives a copy of this alert. Questions regarding this alert may be directed to Christoper Spille, Nasdaq®, International Services, at (202) 728-8317.
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