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

To: Mark T. Heath who wrote (1066)	1/16/1998 11:13:00 PM
From: Nittany Lion	Respond to of 3748

Mark, It looks to me like they have been hung up on the "corporate governance" requirement - the last requirement for National Market listing and also a non-financial item: (25) Corporate Governance Requirements -- Nasdaq shall review the issuer's past corporate governance activities. This review may include activities taking place while the issuer is listed on Nasdaq or an exchange that imposes corporate governance requirements, as well as activities taking place after the issuer is no longer listed on Nasdaq or an exchange that imposes corporate governance requirements. Based on such a review, Nasdaq may take any appropriate action, including placing of restrictions on or additional requirements for listing, or the denial of listing of a security, if Nasdaq determines that there have been violations or evasions of such corporate governance standards. Determinations under this subparagraph shall be made on a case-by-case basis as necessary to protect investors and the public interest. Sounds like a catch-all category that lets them put any restriction they want on the Co. applying. Gary