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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today -- Ignore unavailable to you. Want to Upgrade?


To: Grupo Brad who wrote (12618)12/11/1998 12:56:00 PM
From: JOE MEDSKER  Read Replies (1) | Respond to of 19331
 
GB,
(DOW JONES) DJN: Wavetech/Nasdaq Exception -2: Shares Closed At 1/2 Toda
DJN: Wavetech/Nasdaq Exception -2: Shares Closed At 1/2 Today

TUCSON, Ariz. (Dow Jones)--Wavetech International Inc. (ITEL) has received
an exception from the Nasdaq minimum bid requirement through Feb. 1.
In a press release Thursday, telecommunications company Wavetech said if it
meets the terms of the exception it will remain listed on the Nasdaq
SmallCap market.
Nasdaq rules require that SmallCap companies trade with a minimum bid price
in excess of $1 a share.
Shares of Wavetech closed unchanged at 1/2, on volume of 39,000.
(END) DOW JONES NEWS 12-10-98
09:48 PM
*** end of story ***