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To: Galirayo who wrote (6402)2/23/1998 8:22:00 PM
From: Carlton G Glenn  Respond to of 9262
 
Hi Ray, looks like download will be late tonight... Got any you are interested in that I can look at on TC?
Just tapping my foot... :)
Carl



To: Galirayo who wrote (6402)2/23/1998 9:07:00 PM
From: N/E PATSFAN  Read Replies (1) | Respond to of 9262
 
[ Scan Requirements ]

A) If "net tangible assets" or BV is =/> $2MM then proceed to D, if not:
B) If "net income" =/> $500k current F/Y or 2 of last 3 then proceed to D, if not:
C) Market Cap must =/> $35MM then proceed to D, if not EXCLUDE.

D) If "public float =/> 1MM shares then proceed to E,if <1MM but >500K
proceed to F, if <500K then EXCLUDE

E) If "minimum bid" is =/> $1 for 10 consecutive trading days then proceed to G, otherwise place on "GRACE" period list or EXCLUDE.
F) If "minimum bid" is =/> $2 for 10 consecutive trading days then proceed to G, otherwise place on "GRACE" period list or EXCLUDE.

G) MM's =/> 2 then add to "RAY SCAN", otherwise place on "GRACE" period list or EXCLUDE

Ray....this is how I see it...I don't know if your scan can accommodate all these requirements but I hope so. If not, maybe a two or three tier scan will be needed...while I don't have a scan program or the programing skill to assist you in writing one,I will help you in any way I can.

Regards, NEPF