A handful of dot-coms have already felt the ignominy of delisting.
Earlier this month,
, a Wall, N.J., concern that provides Web design and hosting, e-commerce development and other Internet services, lost its slot on the
Nasdaq National Market
. The company's shares, which topped at $11.87 on the day it went public in May 1999, recently fell below $1. Company officials didn't respond to a request for an interview about the delisting.
, which provides a fax email service, was delisted from the Nasdaq National Market and moved to the over-the-counter bulletin board. eFax.com is in a merger agreement with another fax email service,
, of Hollywood, Calif., which has been renamed
j2 Global Communications
. But j2 Global now is flirting with the stock price cliff itself. The company's share price has sunk below $1 since last week.
Company spokeswoman Laura Hinson insists the firm isn't worried about losing its Nasdaq slot. "We have not had a consistent pattern of being under a dollar," Hinson says. "We've actually just had a few days, so we've been assured we are in no danger at this time of being delisted."