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To: Oblomov who wrote (171684)6/10/2002 9:05:20 PM
From: KeepItSimple  Respond to of 436258
 
The big boyz at the nasdaq realized pretty quickly that if they kept the sub-$1 delisting requirements, about 50% of the naz stocks would be gone.

and seeing as how the nasdaq is a privately owned for-profit company, they dont want to see this happen.

======================
A bunch of other junk is about to be delisted as well. NASDAQ has been very lenient about the minimum bid price requirement this year, but the fact that some of these stocks still trade there is ridiculous - for example, EXAP at 980K market cap. A small list:



To: Oblomov who wrote (171684)6/10/2002 10:53:58 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
<<"The company's stock was a member of the Dow Jones Industrial Average from 1928 until March 1997...">>

THAT was a nice 'buy and hold'..... How come the 'stocks for the long run' boyz never mention stuff like that?? How many old Ohio and Penn family's own that pig??

DAK


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