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Technology Stocks : INFORMATION ANALYSIS (IAIC) - YEAR 2000 Date Remediation -- Ignore unavailable to you. Want to Upgrade?


To: _scott who wrote (1408)4/7/1998 9:14:00 AM
From: RikRichter  Read Replies (2) | Respond to of 2011
 
Scott,

A NASDAQ NMS listing would allow a broader range of institutions to purchase IAIC's shares. Several funds are prohibited from purchasing stocks on the NASDAQ Small Cap Market.

In addition, an NMS listing would allow the shares to become marginable, another feature that investors like.

With IAIC's equity fundings in place, solid balance sheet and levels of revenues and market capitalization, it seems that IAIC will qualify for a NASDAQ NMS listing.

As for your "when" question, assuming IAIC has filed with NASDAQ, this is in the hands of the bureaucrats as to when the application is processed and approved.

Regards.

Elliot



To: _scott who wrote (1408)4/8/1998 11:03:00 PM
From: cage  Read Replies (4) | Respond to of 2011
 
Scott,
In response to your questions about IAIC getting listed on the National NASDAQ Board I can say this much, I spoke with the PR department of IAIC and they have handed in all documents asked of them. They feel that there are no problems, and that it is not unreasonable to expect a positive response within a 2 week time frame from now. I am aware, as I'm sure you are, that when dealing with many agencies, one never knows for sure what red tape will pop up, and that is a possibility in this case. As for the advantages, I am not an expert in the field, but have heard from various sources that being on the Nat. Board makes a company more attractive to institutional investors, and as a result to other investors. I would think that you have a broker, and he/she could explain in detail the advantages of being on the Big B. I have not read any posts past yours so if others have answered your questions, and probably with more knowledge than I have, I am sorry for taking up your time.
Well, I just read the next 20 or so posts and saw that your question was indeed answered by ohters-Elliot to be exact. I chose to leave the post in since I did get the time frame estimate. A time frame I am sure we all hope is met.
Anyone have any idea if IAIC is going to get any of the Strat. contract announced with the French? They mention a large chunk is going to be COBOL.
Have a good night all!