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Calprop Corp. reports delisting from the American Stock Exchange; Calprop to trade in the pink sheets effective Sept. 30, 1996.


LOS ANGELES--(BUSINESS WIRE)--Sept. 23, 1996--Calprop Corp. (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :CPP), a California home builder, Monday reported the notification by the American Stock Exchange American Stock Exchange (AMEX)

Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921.
 of the company's appeal of its delisting having been denied by the Executive Committee of the Board of Governors.

"The company will be quoted in the pink sheets for about 30 days while Calprop is being processed onto the Bulletin Board section of the NASD NASD

See: National Association of Securities Dealers


NASD

See National Association of Securities Dealers (NASD).
. J. Alexander Securities Inc. will be handling the trading during this period," stated Victor Zaccaglin, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Calprop.

Calprop builds quality homes in some of the state's most desirable communities in both Northern and Southern California. The company's common stock will be traded on the American Stock Exchange under the symbol CPP through Sept. 27, 1996.

CONTACT: Ron Cook, 714/888-9907
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 23, 1996
Words:131
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