Comdial Trading Moves to Nasdaq Small Cap Market.Business Editors & High-Tech Writers SARASOTA, Fla.--(BUSINESS WIRE)--Jan. 9, 2002 Comdial Corporation (Nasdaq:CMDL CMDL Climate Monitoring and Diagnostics Laboratory CMDL Common Mission Data Loader ) today announced that trading of its shares has moved from the Nasdaq National Market to the Nasdaq Small Cap market. This change was effective January 8, 2002. Comdial's common stock continues trading under the symbol CMDL. Daily trading volume Trading volume The number of shares transacted every day. As there is a seller for every buyer, one can think of the trading volume as half of the number of shares transacted. That is, if A sells 100 shares to B, the volume is 100 shares. and closing price information continues to be available on the same basis as before from on-line services, financial newspapers, and general circulation newspapers. To ensure continuity of Comdial's Nasdaq listing, the company successfully applied to be listed on the Small Cap Market. This guarantees Comdial investors a market for their shares and continues to keep Comdial an actively traded stock for the interest of existing and new shareholders who wish to participate in the next generation of telecommunications and IP telephony The two-way transmission of voice over a packet-switched IP network, which is part of the TCP/IP protocol suite. The terms "IP telephony" and "voice over IP" (VoIP) are synonymous. . About Comdial Comdial Corporation, headquartered in Sarasota, Florida Sarasota is a city located in Sarasota County on the central west coast of Florida, USA. Its official limits include Sarasota Bay and several barrier islands between the bay and the Gulf of Mexico. , develops and markets sophisticated communications solutions for small to mid-sized offices, government, and other organizations. Comdial offers a broad range of solutions to enhance the productivity of businesses, including voice switching systems, voice over IP (VoIP), voice processing and computer telephony integration Computer Telephony Integration - Computer Telephone Integration solutions. For more information about Comdial and its communications solutions, please visit our web site at http://www.comdial.com. Forward-Looking Statements This press release contains statements that may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Investors and prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, including Comdial Corporation's ability to maintain its listing with Nasdaq, and the various factors set forth from time to time in Comdial's previous filings with the SEC, including Comdial's most recent Form 10-Q Form 10-Q See 10-Q. . Comdial Corporation undertakes no obligation to publicly update or revise the forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion