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Technology Stocks : U.S. Digital Communications (USDI) -- Ignore unavailable to you. Want to Upgrade?


To: Curbstone who wrote (269)7/10/1998 9:51:00 PM
From: BillRacer1  Read Replies (2) | Respond to of 308
 
If my recollection is correct, and believe me I am not saying that it is, I think it is something like 3 weeks trading at over $5.00. If anybody else knows the specifics, I am all ears.

Closed down only a fraction today. Maybe 6 1/2 is the stabilizing line. I would like to think so. I am up a pretty penny right now, about 250%, but in for the long haul. I'm not a day trader. I'm really looking for long term profits. Do you see any downturn upcoming? It looks as if the Liberty BS passed us by. Thoughts?????
Bill......



To: Curbstone who wrote (269)7/13/1998 2:46:00 PM
From: JJMM  Read Replies (1) | Respond to of 308
 
Nasdaq listing requirements...

* 3 market makers
* 300 roundlot shareholders
* 1 million shares in public float
* market value of at least $5 million and either $4 million in net tangible assets or
* $50 million market cap or at least $750,000 in annual net income and a bid of $4 a share

I think USDI meets these requirements (w/out financials cannot get net tangible assets).

I will definitely hold for nasdaq but, having endured other nasdaq moves (Zmax, ANCR, LMDX and others), am preparing myself for a wait of at least several months. The wait should be worth it though as similar co's listed on nasdaq (GILTF, CELL) are trading at much higher market caps than USDI.

Good luck