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To: John D. Morrison who wrote (3453)12/10/1997 11:54:00 AM
From: sanjay shah  Respond to of 10479
 
John

Off Topic answer: Good Luck to you.
Sanjay Shah



To: John D. Morrison who wrote (3453)12/10/1997 5:56:00 PM
From: Mama Bear  Respond to of 10479
 
>>>What is the lowest possible price that a
stock can drop to? Can it fall below one cent?<<<

Certainly. IDID closed today at $0.002 with a high of $0.005 and a low of $0.002 (hate it when they close on the low). Volume 147,200.

Barb



To: John D. Morrison who wrote (3453)12/10/1997 9:13:00 PM
From: Ed Zhao  Read Replies (3) | Respond to of 10479
 
Off Topic,

"What is the lowest possible price that a stock can drop to? Can it fall below one cent?"

Is this a tricky question? I do not know if Nasdaq regulation allows quoting a stock price at 1/128 or 1/256.

How about nil, that is certainly less than 1 cent. Stock certificate become worthless paper all the time. Solv Ex, Bre-X, for examples.

XZ


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