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Author: TMFTom9 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 5847  
Subject: Re: Couple of questions for TMF Date: 1/10/2003 10:31 AM
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Hey All--

As Jeff surmises, Quito is in fact beautiful (in the foothills of Cotopaxi, a snow-capped volcano, which unfortunately spews ash 'n stuff, bringing Quito residents to their knees). And I'll bet it does indeed have less of a market for English speaking actors than NYC. Perfect analogy. Go Jeff (he kidded me in Tuesday's column and now it's WAR!!!!! ;-)).

By the way, the Pink Sheets and the OTC Bulletin Board are two different things! After 2.5 years of referring to them interchangably, I found out a few weeks ago (Go me!) that the pink sheets are the land of the low where investors in stocks delisted from the OTC bulletin board may possibly find quotes.

If I understand corrrectly, it's
1. Nasdaq
2. OTC Bulletin Board
3. ...then the ignominy (located near Menominee, WI) of the
Pink Sheets

And the best overall explanation I've found so far--
http://www.stockpatrol.com/buyer/articles/inthepink.html
A choice line: "The 'Pink Sheets' will continue to expand as they become a haven for refugees from the OTC Bulletin Board and new public companies that cannot comply with the requirements of the OTC Bulletin Board or the listing criteria of the exchanges."

Gulp!

It's where the dreaded ACLN went...now ACLNF.PK. Now at $0.03. I sold at $2.00, which a lot less than I paid when it was on the NYSE and before it was found to be a fraud. Sigh.

See also:

SEC on Pink Sheets
http://www.sec.gov/answers/pink.htm

OTC Bulletin Board
http://www.otcbb.com/investorinformation/investorinfo.stm

BTW, I read this morning that the NYSE is hiking listing fees.

Hope this helps.

Foolishly,
Tom9










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