Datalink.net Returns to American Stock Exchange; J. Streicher & Co. L.L.C. to Serve as AMEX Specialist.Business Editors and High Tech Writers SAN JOSE, Calif.--(BUSINESS WIRE)--Dec. 15, 2000 Datalink.net (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 :XLNK), a leader in wireless infrastructure enterprise solutions, today announced its move to 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. (AMEX AMEX See: American Stock Exchange ). The AMEX has approved Datalink.net's listing application, and the Company will start trading on the exchange on Monday, December 18, 2000. Datalink.net has decided to move from the NASDAQ National Market System due to the increased volatility in its stock and due to the better execution of stock trades in the specialist supported trading systems of the NYSE NYSE See: New York Stock Exchange and the AMEX. Datalink.net, an innovator in the wireless industry since 1993, returns to the AMEX where it had traded for seven months before making a move to the Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. (NASDAQ) in August 2000. The Company will trade on the AMEX under the symbol DLK, its original ticker on the exchange. "We have always had an excellent relationship with the AMEX," said Anthony N. LaPine, Datalink.net Chairman and Chief Executive Officer. "A return to the stability and efficient trading market of the AMEX is done with the intention of increasing shareholder value. As announced in the Wall Street Journal on December 11th, the Securities and Exchange Commission is expected to release a study that has determined that customers of the auction model system as employed by the AMEX and NYSE achieve a superior trade price in comparison to the dealer market utilized by the NASDAQ. Our own experience while we traded on AMEX supports this conclusion." Datalink.net has reestablished its AMEX relationship with J. Streicher & Co. L.L.C. who will be serving as the Company's specialist. A founding member of the American Stock Exchange and a member of the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. , the strongly capitalized J. Streicher & Co. L.L.C. makes markets globally in over 60 diverse equity securities and 40 equity options. About Datalink.net - The Wireless Architects(TM) Datalink.net is a market-leading wireless infrastructure provider delivering end-to-end wireless solutions to its enterprise customers. Datalink.net's patented technology and real-time delivery systems enable enterprise customers and employees to utilize any wireless device to receive and respond to critical data 24x7x365. Datalink.net is leveraging its core XpressLink technology across high demand, vertical markets, including finance, medical and the mobile workforce, to allow for the use of any wireless device and any digital communication language to push and pull data on demand. This technology produced the wireless market's first truly integrated enterprise product, Global Market Pro, which is Datalink.net's advanced, fully-customizable wireless application for the financial professional. Global Market Pro was co-developed with The Chase Manhattan Bank The Chase Manhattan Bank, now part of JPMorgan Chase, was formed by the merger of the Chase National Bank and the Bank of the Manhattan Company in 1955. The bank is headquartered in New York City. and is employed by individuals and institutions throughout the financial community. The Company serves a portfolio of marquee customers, including AOL, AT&T, Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. , Dow Jones, Citibank, EDS, Motorola and Qualcomm. Datalink.net is headquartered in San Jose, Calif., with research facilities located in Vancouver, British Columbia and offices in Chicago, Philadelphia, New York Philadelphia, New York may refer to:
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