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Technology Stocks : MTIC - Is this the next EMC? -- Ignore unavailable to you. Want to Upgrade?


To: jkb who wrote (1050)1/15/1998 5:30:00 PM
From: jkb  Respond to of 3748
 
This was a post on another thread regarding Nasdaq listings.
-Jay
_________
The source of the info is NASDAQ...

NASDAQ has changed its requirement (beeginning Feb 1) for listing from $1 to $2 million
net assets and $5 minimum price, as well as some other criteria - go to the NASDAQ
website for full details. Stocks like AKLM will probably move to the NAS small cap, others
will bump to the OTC market.

For the most part its no big deal, although for some specific stocks it may cause some
havoc - wheter or not that will be discernable in an already volatile market is dubious...