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Biotech / Medical : Trinity Biotech (TRIBY) -- Ignore unavailable to you. Want to Upgrade?

To: Roger Bodine who wrote (7865)	1/22/1998 3:22:00 PM
From: J.F.	Read Replies (1) \| Respond to of 14328

Now I could be wrong but as I understand the delistings is that they are targeted at those companies who do not file timely financials or meet other "filing" standards. I read up on this awhile back and from what I understood the price was not a big point but that the SEC was looking to rid itself of those companies that did not fill out the required documentation around shares held/sold/diluted along with quarterlies...again not the gospel...if u want that u should look it up...or ask again and hope someone more knowledgeable than myself answers...take care... jf...

To: Roger Bodine who wrote (7865)	1/26/1998 12:52:00 PM
From: Bill Coenen	Read Replies (2) \| Respond to of 14328

Roger and Ron, As best I understand it, NASDAQ has two levels of Electronic Boards. The smaller cap and their lareger cap board. None of the membership on these electronic boards are under fire. It is on the pink sheets, that are not really NASDAQ but somehow NASDAQ got stuck with their sponsorship, that the housecleaning will take place. The pinks have been notorious as a gathering place for con artists and shell companies, along with the legit micro cap strugglers who have no other place to go. Its the former that the National Board is trying to weed out. My comments on the $5 threshold had to do with the majority of institutional investment outfits, who set that as an arbitrary cutoff. Ron, I understand from your reply that One goes from the smaller to the large board at NASDAQ by meeting the $3 for 30 day criteria. Thanks, Bill.