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Pastimes : Georgia Bard's Corner -- Ignore unavailable to you. Want to Upgrade?

To: Jack of All Trades who wrote (4548)	7/30/1998 3:44:00 PM
From: Ga Bard	Read Replies (1) \| Respond to of 9440

That is all we need is to invest in a NASDAQ and end up with a delisted stock. Thanks GB

To: Jack of All Trades who wrote (4548)	7/30/1998 4:40:00 PM
From: P.E. Allen	Respond to of 9440

Yes, carefully buying on the dips. Loading up, all my eggs in one basket. Looking for the first move over a dollar review the trades today, significant large blocks. something is about to be released. It could be gas. I think we go higher, the MACD on this one says we go higher on INTD.

To: Jack of All Trades who wrote (4548)	7/31/1998 2:56:00 PM
From: JCinTC	Read Replies (1) \| Respond to of 9440

Jeff, Re:INTD..."they are a candidate for delisting" You bring up a point investors are going to need to be aware of from now on concerning the new NASDAQ requirements. The $1 min. bid requirement works like this: If the stock doesn't meet the $1 min. bid for 30 CONCECUTIVE BUSINESS DAYS they will be notified & have a period of 90 CALENDAR DAYS to achieve compliance. Compliance can be achieved by meeting the $1 min bid for 10 CONSECUTIVE BUSINESS DAYS sometime during the 90 CALENDAR DAY period. Taking INTD as an example; They have closed under $1 bid for the last 7 consecutive days they will they have to do this for the next 23 CONSECUTIVE BUSINESS DAYS before they would be notified that they are not in compliance. Then they would have 90 CALENDAR DAYS to try & meet the 10 CONSECUTIVE BUSINESS DAY bid above $1 requirement. So the whole process to get delisted takes 4+ mos. IMHO if you own a NASDAQ stock that falls below $1 for 30 trading day's, i would be watching it like a hawk. JC disclaimer: i do not own nor do i even know what INTD is. Just using it from the referred post & for all i know it could go to $10 tomorrow.