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Technology Stocks : Accent Softwr (acntf): Addressing Huge Multilingual Mkt? -- Ignore unavailable to you. Want to Upgrade?


To: DHoll who wrote (261)7/17/1998 12:29:00 PM
From: rrufff  Read Replies (1) | Respond to of 356
 
New symbol is some sort of NASDAQ parameter for company in process of being evaluated for continued listing, I think. The uncertainty has led some to sell.

My feeling is that company will meet requirements and if it's close, L&H will start open market buying to protect their investment.

Price of shares is close to where it was when btcy was a real possiblity, not company has critical backing and should be trading higher.

It wouldn't take a lot of buying to push this over a buck.

As has been explained before, de-listing ain't good if it happens but it is not bankruptcy, just means they don't trade at the same NASDAQ level, going instead to lower level. Net result is that some funds and analysts would not cover it. However, penny people will still cover it and I don't think it can go down much lower, because as I said above, L&H or others would start buying.

Hopefully, company really has a plan and all this will be moot. If you can buy at this price, it's worth the spec.