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Technology Stocks : Redback Networks, Inc. (RBAK) -- Ignore unavailable to you. Want to Upgrade?


To: james-rockford who wrote (1913)1/23/2003 12:49:37 AM
From: ELH1006  Read Replies (1) | Respond to of 1956
 
James and KG4, I presume you both saw this release by RBAK:

REDBACK NETWORKS INC. said on Tuesday it would appeal a Nasdaq determination that its shares would be subject to delisting from the stock exchange because they have not met the $1 minimum bid requirement. If the appeal is unsuccessful, Redback said it would apply for transfer to the Nasdaq SmallCap Market until it meets the minimum bid pricing and other requirements of the Nasdaq National Market. Redback last week said it had been notified by the Nasdaq its shares could be subject to delisting. (Reuters 06:35 PM ET 01/21/2003 More...)