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Strategies & Market Trends : CANSLIM - COAST TO COAST -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Mulder who wrote (4534)4/2/1999 12:59:00 PM
From: Gerald Walls  Read Replies (1) | Respond to of 6445
 
I also checked the symbols of a half-dozen foreign companies I follow and four of them no longer have a fifth-letter "F" in their symbols. So something has definitely changed recently. Apparently it isn't a blanket dropping of the fifth-letter "F" because stocks like GICOF still have it.

I believe I read about it in Investors Business Daily. The story said that xxx of yyy (about 1/4 to 1/3) of the "F" companies have already dropped the "F". The story quoted one exec whose company is dropping the "F" as saying that the NASDAQ was requiring that a majority of directors and I think he said assets be in the US to avoid the "F" but now all he had to do was file a single form.

Two that I own have dropped the F in the past month: PAAS[F] and SSRI[F].