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Technology Stocks : NetNation Communications, Inc - NNCI

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To: Babar who wrote (20)5/2/1999 10:51:00 PM
From: FFNEODOC   of 121
 
NNCI & a NASDAQ listing...
I suspected that NNCI would have liked to be listed on NASDAQ right from the start, but would have had to go the traditional time consuming route. If Goldman Sachs had done the deal rather than Ernest Cheung, NNCI's first day of IPO trading would probably have garnered share prices in the typical "NET Stock" range of $40-80. This may play out well for those of us that have "discovered" this stock before it makes it to NASDAQ.
Excerpt from the Net Nation IR Website FAQ...

"Q: Are there any audited financial statements from NetNation?
A: NetNation's financial reports have been audited by KPMG. We will be posting them on our website in the very near future.

Q: Are there plans to move to a different exchange?
A: NetNation plans to move to "NASDAQ Small-Cap" as soon as possible. Please note that there is no guarantee that we will be accepted nor be able to fulfill the requirements."
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