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To: Bernard Ng who wrote (107430)7/7/2002 7:30:58 AM
From: Bernard Ng  Read Replies (1) | Respond to of 150070
 
a little correction to INSP delisting, I don't know what I was reading before... ggg

InfoSpace Faces Possible Delisting

July 5, 2002, 2:18 PM EDT

BELLEVUE, Wash. -- InfoSpace Inc. has received notice that the Nasdaq Stock Market may delist its shares if its stock price doesn't improve.

The company's stock price must trade at or above $1 for at least 10 days straight in the next 90 days or InfoSpace faces delisting, the company disclosed Friday. The stock closed at 51 cents a share Friday.

InfoSpace stock, which trades under the ticker symbol INSP, has not closed above $1 a share since May 20. InfoSpace provides software and applications to wireless and Internet companies.

InfoSpace went public in December 1998 at a split- adjusted $2.50 a share.

The Nasdaq had suspended some requirements, including maintaining a minimum share price, in September following the terrorist attacks. The stock market reinstated its trading requirements in January.

InfoSpace received the warning notice late Wednesday.

Copyright © 2002, The Associated Press