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

To: Grantcw who wrote (13117)12/29/1998 12:37:00 PM
From: De Peepster  Read Replies (1) | Respond to of 19331
 
Dear Grant,
Yes saw that at the time, have you seen INNI last few days??,, B



To: Grantcw who wrote (13117)12/29/1998 7:02:00 PM
From: James Harold Alton  Read Replies (1) | Respond to of 19331
 
Grant, Why is "small cap" Nasdaq not "Nasdaq"? I thought that the designations small cap, mid-cap, and large cap only referred to the companies market cap. From this perspective, it's more than a little interesting to me to realize that with DCTC at a little over $4, would actually qualify as a "mid-cap". (Mid cap by definition includes companies with market caps starting at 100 million)

James



To: Grantcw who wrote (13117)12/30/1998 7:08:00 PM
From: Colin Cody  Respond to of 19331
 
One is called NASDAQ NMS (Nat'l Market System) or Nat'l Market(r)

the other is called NASDAQ SmallCap Market(sm)

NMS stocks are generally instantly shortable stocks. Whereas SmCap stocks are generally not shortable at all.

The listing requirements are different, with the NMS having the tougher standards to meet. One example is the SmCap needs a $4 bid and 300+ shareholders for initial listing, while NMS requires $5 and 400+ shareholders.

Colin


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