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Biotech / Medical : ACMI - Accumed Inc. -- Ignore unavailable to you. Want to Upgrade?


To: CARYTRE who wrote (1436)2/19/1998 1:01:00 AM
From: Sigmund  Read Replies (1) | Respond to of 1894
 
<I think they look upon this as a short term problem which will disappear as sales and earnings roll in. Personally I don't think the small cap listing will depress the share price further.>

If moving from small cap to national market often causes stocks to go up, it stands to reason that going in the opposite direction doesn't help. But I agree that being small cap isn't the end of the world, but losing it would be serious so they have to do something before 30 days goes by and we will have to see what that means.

The tragedy is that none of this needed to happen. In my own mind, I think G was forced out because he didn't take proactive steps to avoid this problem. It sounds a bit like the new management still doesn't get it. Being possibly delisted is a "short term problem"? Really!!!



To: CARYTRE who wrote (1436)2/19/1998 12:22:00 PM
From: Frank Buck  Read Replies (3) | Respond to of 1894
 
Cary,

The market capitalization just fell below the past twelve month sales.