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Technology Stocks : Netpliance <NPLI> .com/iopener -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (42)	4/9/2001 7:33:00 PM
From: Glenn Petersen	Respond to of 51

I have not seen any evidence that NPLI has asked for a hearing to appeal their delisting notice. Also from the 10-K: On November 13, 2000 our stock price first closed below $1.00. From the period of December 1, 2000 through March 23, 2001 our stock price has closed below $1.00 at the end of each trading day, and on the last day of this period our stock price closed at $0.4375. On January 17, 2001, we received notice from Nasdaq that our stock price had failed to maintain the minimum bid price of at least $1.00 for 30 consecutive trading days. As a result, our common stock is subject to being delisted on April 17, 2001 unless the bid price for our stock closes above $1.00 for ten consecutive trading days before that day or we receive a waiver of such requirement from Nasdaq. We intend to pursue discussions with the Nasdaq regarding such a waiver and secure continued listing on the Nasdaq National Market. However, we can give no assurances that we will be granted such a waiver.

To: Glenn Petersen who wrote (42)	4/9/2001 7:38:44 PM
From: Glenn Petersen	Respond to of 51

NPLI has filed a tender offer to purchase the underlying options for 3,673,084 shares of its common stock, such options having a weighted average exercise price of $3.84. These options are held by employees and directors. One share of restricted stock will be issued in exchange for every five options tendered. The restricted shares will vest over a three year period. freeedgar.com