UTStarcom ( UTSI) got notice of a possible Nasdaq delisting. The tech gear company is not in compliance because of the delay in filing its annual report on form 10-K for the year ended Dec. 31, 2005. The notice indicates the company's common stock will be delisted at the opening of business on March 29 unless the company requests a hearing in accordance with the Nasdaq Marketplace Rules. The company intends to request a hearing before a Nasdaq listing qualifications panel which will stay the delisting of the company's common stock pending the panel's decision. UTStarcom had previously announced that the reason for the delay in filing the annual report was to enable the audit committee of the board of directors to complete certain investigations and for management to complete its assessment of the internal control over financial reporting as per the Sarbanes-Oxley Act. The company now anticipated the annual report filing by April 30, 2006.