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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (2275)	4/27/1999 3:35:00 AM
From: RockyBalboa	Respond to of 2506

Former symbol for Fifth avenue (FAVE/E) was TCTV. IS

To: Dale Baker who wrote (2275)	4/27/1999 4:19:00 PM
From: Q.	Respond to of 2506

re. FAVEE, we discussed the stock on this thread in mor detail earlier this month when it showed up in the low RS / neg cashflow screen. Here are the links: Ocote: Message 8796092 John G: Message 8797381

To: Dale Baker who wrote (2275)	4/27/1999 4:37:00 PM
From: Q.	Read Replies (2) \| Respond to of 2506

More on FAVEE: I phoned the outside IR, and asked why the E is still on the symbol even though the 10k was filed 4 days ago. The guy was dumber than heck. He told me that Nasdaq takes several days to remove the E after the 10k is filed. That might be true, but then he went on to say that E stands for 'extension' and that the co. had an extension to file. He was confused when I corrected him by telling him that the co. had exceeded its 15 day extension and that's why it got an E. Then I asked whether the stock was traded on the Nasdaq National or Small Cap market. He was confused and said that it was on the plain old Nasdaq market but not the National Market and that he had never heard of the Small Cap Market. Duh. Then I asked whether the co. was aware that its net tangible assets had dropped below the nasdaq listing and whether the NASD had contacted the co. yet. This seemed to be way over his head, and he clearly was unfamiliar with the terminology, before, but he took down the info I gave him and said he would ask and then get back to me. So I'm not sure if I learned anything from him, other than discovering that they've got the world's dumbest IR person. I suspect that it will take a few weeks for the NASD to send out their delisting letters to all the companies that drop out of listing compliance, anyway.