Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (41938)	5/26/1999 11:53:00 AM
From: Adelle	Read Replies (2) of 120523

FRNT- Jenna, did you see this? Wednesday May 26, 10:18 am Eastern Time Company Press Release SOURCE: Frontier Airlines Frontier Airlines Moves Up to Nasdaq's National Market DENVER, May 26 /PRNewswire/ -- Frontier Airlines (Nasdaq: FRNT - news) today announced it has received authorization for listing on the Nasdaq National Market®, effective immediately. The airline's stock was previously traded on the Nasdaq SmallCap Market(SM), a smaller capitalization tier of Nasdaq. Frontier's stock will continue to trade under the ''FRNT'' ticker symbol. Companies receiving National Market Listing authorization must meet minimum requirements in such areas as net tangible assets, market capitalization, public float, number of shareholders and corporate governance. ''Today's announcement is another step forward in creating a strong capital structure and adequate investment liquidity for Frontier's shareholders, and reflects our company's continuing maturity'' said Frontier President Sam Addoms. Denver-based Frontier Airlines commenced operations on July 5, 1994. Unlike other airlines, Frontier's low fares do not have a Saturday night stay requirement. In addition, Frontier offers frequent flier mileage points in Continental Airlines' OnePass® program. Effective June 14, the airline will serve 20 cities coast to coast with a fleet of 19 Boeing 737 jets. The airline currently employs approximately 1,600 travel professionals. Frontier was recently named ''Best Domestic Low-Fare Air Carrier'' by Entrepreneur magazine in the publication's sixth annual Business Travel Awards. Frontier's Web site may be viewed at frontierairlines.com.

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