SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: J_F_Shepard who wrote (308050)10/13/2002 10:52:54 PM
From: 10K a day  Read Replies (1) | Respond to of 769670
 
Here is my solution.
DELIST 20 percent of the Nasdaq .

THEN BUSH WILL LOOK LIKE A GENIOUS... FOR SAVING WORLD FINANCIAL MARKETS.

===============================================
biz.yahoo.com

FT.com
Nasdaq listing rule review draws fire
Sunday October 13, 1:55 pm ET

By Mary Chung in New York

The Nasdaq stock exchange's move to consider getting rid of its $1 minimum listing standard is drawing fire from some on Wall Street.

Hardwick Simmons, Nasdaq chairman, told a conference last week that he was looking at a change to the rule that all companies listed on the market should trade at more than $1 a share .

But with nearly a fifth of all Nasdaq stocks trading below that level, critics of the second-biggest US stock market say it is buckling to the pressure of a 2-year bear market.