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To: JOHN IACOVACCI who wrote (7727)6/18/1998 9:16:00 PM
From: Dan Dieffenwierth  Read Replies (1) | Respond to of 10903
 
John, here are the listing guidelines for AMEX -
Hope it's readable -
Dan

AMEX
LISTING GUIDELINES FOR U.S. COMPANIES

Regular Financial Guidelines

Pre-tax income
$750,000 latest
fiscal year or
2 of most recent 3
years
Market value of
public float
$3,000,000
Price
$3
Operating history
---
Stockholders' equity
$4,000,000

Alternate Financial Guidelines

Pre-tax income
---
Market value of
public float
$15,000,000
Price
$3
Operating history
3 Years
Stockholders' equity
$4,000,000

Distribution Guidelines
(applicable to regular and alternate guidelines)

Alternative 1

Public float
500,000
Public
Stockholders
800
Average daily
volume
---

Alternative 2

Public float
1,000,000
Public
Stockholders
400
Average daily
volume
---

Alternative 3

Public float
500,000
Public
Stockholders
400
Average daily
volume
2,000

Regarding Alternate Listing Guidelines
It is recognized that certain financially sound
companies are unable to meet fully the Exchange's
regular listing criteria because, for example, of the
nature of their business, or because of continuing
large expenditures of funds for research and
development. Such companies may, however,
qualify for listing provided they meet the numerical
criteria outlined above, have sufficient financial
resources to continue operations over an extended
period of time, and are otherwise regarded as
suitable for Exchange listing.

Initial Public Offerings
In certain circumstances, the Amex may approve an
issue for listing "subject to official notice of issuance"
immediately prior to effectiveness of the company's
initial public offering.

While the Exchange has not adopted special criteria
for IPOs, added emphasis is placed on the
company's financial strength and its demonstrated
earnings history and/or outlook.

How to List on the
American Stock
Exchange

If you don't have it,



To: JOHN IACOVACCI who wrote (7727)6/18/1998 10:32:00 PM
From: Dave Gore  Respond to of 10903
 
Yep! There will be more good news...but we need to be patient... they are ramping up and we are a little overanxious I think....

relax and think September time frame when we break through $2.00 like a rocket. Of course it could happen much sooner, but I like to set minimum targets for my portfolio.

There are very few solid companies out there right now....if I can make 100% in 6 months I am thrilled....nearly everyone else is LOSING BIG in bb's right now.