[Am-info] Caldera
Erick Andrews
Erick Andrews" <eandrews@star.net
Sat, 16 Feb 2002 09:05:59 -0500 (EST)
On Fri, 15 Feb 2002 23:21:58 -0500, Eric M. Bennett wrote:
>Erick Andrews wrote:
>
>>
>>I know I'm getting a bit more off topic, but if my "theory"
>>here has substance, then upping the stock price must be for
>>*less* informed investors?
>
>
>If a stock on the Nasdaq trades below $1 for a period of time, I
>think it's 30 days, the terms of being listed on the exchange say
>that the Nasdaq can kick them off the exchange. Caldera is trading
>below $1 and they are probably trying to avoid getting the boot.
>
Thanks. I knew about the < $1. I didn't know they we're trading
that low. They're down with Enron, then.
--
Erick Andrews