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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: dumbmoney who wrote (10378)	6/21/1998 1:59:00 AM
From: Amots	Respond to of 18691

More about AENG: stockdetective.com

To: dumbmoney who wrote (10378)	6/21/1998 10:20:00 AM
From: CatLady	Respond to of 18691

"There are no financial reporting requirements for OTCBB-traded companies. In fact the only requirement, as far as Nasdaq is concerned, is that at least one market maker is interested in trading the stock." That might be changing in the future. The NASD has proposed a rule change to the SEC to "Permit only those companies that report their current financial information to the SEC, banking, or insurance regulators to be quoted on the OTC Bulletin Board. Companies whose securities are quoted on the OTC Bulletin Board, when the rule becomes effective, will have 6-12 months to comply with the new requirements." nasdaqnews.com