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To: Patrick Smith who wrote (3898)10/19/1999 10:31:00 AM
From: Dantex2  Read Replies (1) | Respond to of 4080
 
Patrick & GJC,

What do you guys know about the delisting process? I have a company I invest in and rely heavily on as a vendor that is being delisted from the NYSE, and soon to be OTC. The current price of this stock is (GAG) 3/16. The company has sales in excess of 3 billion yearly with a book value of $3.00 (+-). Do these companies generally spike (upward) when moved to the OTC? This stock traded for $18.00 a year ago.
I can't believe my bank hasn't red flagged this puppy?

Dan

P.S. Deb's honey, how are things down in the Big H?