Novell, Dell Face Delisting From NASDAQ

Posted by ryuzaki0 on Thursday September 21, 2006 @03:37AM

narramissic writes to tell us that Novell has confirmed receiving a delisting notice from the NASDAQ stock exchange, after the software company delayed filing its most recent quarterly report to the U.S. Securities and Exchange Commission. Dell is in the same position. Both companies, and others including Apple, are grappling with investigations of the way they issued stock options and — in Dell's case — other accounting irregularities. Both companies are appealing the delisting, which means they won't vanish from the stock exchange anytime soon. NASDAQ rules require listed companies to announce the receipt of a delisting notice.

3 of 77 comments (clear)

Thank God by Mateo_LeFou · 2006-09-21 03:54 · Score: 2, Funny

If Dell didn't have a monopoly, we'd have to choose from among IBM Thinkpads, iBooks, HP Pavillions, and who-knows-what else.

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My turnips listen for the soft cry of your love
Uh, you might wanna rethink hugging that... by Svartalf · 2006-09-21 04:13 · Score: 4, Funny

If the battery goes off...

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I am not merely a "consumer" or a "taxpayer". I am a Citizen of the State of Texas
Dude! by MsGeek · 2006-09-21 05:29 · Score: 2, Funny

You're getting a shareholder lawsuit!

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Knowledge is power. Knowledge shared is power multiplied.