Linux-Watch: Novell's NASDAQ Headaches
Sep 22, 2006, 16:30 (0 Talkback[s])
(Other stories by Steven J. Vaughan-Nichols)
"When it rains, it pours. Novell Inc. announced on September 20
that it had received a staff determination notice from the NASDAQ
Stock Market stating that the Linux common stock is in danger of
being delisted from the market.
"NASDAQ is threatening this action because the company was late
in filing its quarterly Form 10-Q with the Securities and Exchanges
Commission for the period ending July 31 2006. By NASDAQ rules, if
these reports aren't filed on time, the Market has to consider
delisting the stock..."