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Dropping Stocks? Blame the year-2000 Bug!

Traders Magazine, June 1998

J Patrick Campbell

In cost-efficiency drives in the last two years, some large Nasdaq market makers dropped thinly-traded stocks, citing shrinking profitability since the introduction of the order handling rules. Most of these stocks are still traded, however, often by smaller regional firms that specialize in the issues.

But could some stocks, the blue-chips included, be temporarily suspended from Nasdaq because of incomplete disclosure in its regulatory filings?

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