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To: Arthur Tang who wrote (702)	2/3/1998 9:53:00 PM
From: posthumousone	Read Replies (1) \| Respond to of 1471

i hope this qualifies for this thread: NASDAQ requirements if the requirement for NASDAQ listing is 100M market cap........what happens if the price drops below $10 for a company that has 10M shares outstanding ......- do they get put back on small cap? Would the mere fact they are going on NASDAQ indicate they dont anticipate it dropping below 10?

To: Arthur Tang who wrote (702)	2/4/1998 6:33:00 AM
From: Arthur Tang	Read Replies (1) \| Respond to of 1471

Island system satisfies the SEC new rules, but individual investor is stopped by the cost of being a subscriber of the Island system. Island system is designed for Nasdaq workstations for brokers. Brokers not having time to check Island, means the system fails. All others had to use telephone to trade. But first you have to be a subscriber. Then you have to satisfy the credit approval to trade in the system. Some day, when Island can take credit cards and receive properly endorsed stock certificates; then, SEC rules will be satisfied, in spirit as well as by the letter. At the moment, the "free" information does help the advanced investors.