Comparator Systems Corp. makes announcement.NEWPORT BEACH Newport Beach, residential and resort city (1990 pop. 66,643), Orange co., S Calif., on Newport Bay and the Pacific Ocean; inc. 1906. It is a popular seaside resort and yachting center. Manufactures include electrical and medical equipment, computers, boats, and adhesives. , Calif.--(BUSINESS WIRE)--June 12, 1996--In a June 12, 1996, article, The Wall Street Journal quoted NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on officials as stating that the "panel could have granted more time if the company's representatives had shown up and prove they were working on Nasdaq's request." The company finds this statement quite surprising. Extensions had been previously requested and denied beyond June 11, 1996. Indeed, the company's counsel had received a letter from NASDAQ dated June 7 confirming the June 11 hearing that stated in capitalized Capitalized Recorded in asset accounts and then depreciated or amortized, as is appropriate for expenditures for items with useful lives longer than one year. print that "POSTPONEMENT REQUESTS CANNOT BE CONSIDERED." The letter was signed by David A. Donohoe Jr., counsel of NASDAQ Market Services. Comparator comparator Instrument for comparing something with a similar thing or with a standard measure, in particular to measure small displacements in mechanical devices. In astronomy, the blink comparator is used to examine photographic plates for signs of moving bodies. Systems Corp. would have welcomed additional time to report to NASDAQ's detailed inquiry. CONTACT: Comparator Systems Corp., Newport Beach 714/851-4300 |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion