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Technology Stocks : Enterprise Informatics -- Ignore unavailable to you. Want to Upgrade?


To: Elliot Puritz who wrote (3649)5/17/1999 10:16:00 AM
From: jackhach  Read Replies (1) | Respond to of 13797
 
Elliot,

By getting relisted they do the following:

1) Raise (acquisition)value.
2) Improve credit standing.
3) Raise liquidity -- through likely/broader shareholder base.
4) Remove the "pink sheet" status in dealing with potential/existing customers.
5) Raise/Bouy stock price for all of these same reasons.

There are still very many online traders who cannot buy/sell ALTS. Where available -- they may choose to call (by phone) and place the trade with a broker. This makes any trade far more expensive and cumbersome. In addition, Pink Sheet stocks are not marginable (as are many listed <$5.00 stocks.) Nearly 65% of all trading is now done online by individuals.

-JH