[Ducati] Ducati no longer trading on the NYSE due to costs

[2vtwin at comcast.net]

Yeah, SBOX was costing everyone a lot of money to comply and Ducati now has to deal with Basel II.

-------------- Original message -------------- 
From: Alex <jp at pnsmicro.com> 

> Dave, I think that's an incorrect interpretation. Ducati will still 
> have to do the same kind of reporting for the Italian exchange 
> (Borsa). Don't forget that EU accounting rules are different than 
> American rules, which means that Ducati has to pay for their 
> reporting & compliance twice if they are listed on both Borsa and 
> NYSE. (www.borsaitaliana.it) 
> 
> http://www.borsaitaliana.it/bitApp/scheda.bit?target=StrumentoMTA&isin=IT0001278 
> 081&lang=en 
> 
> Plus, the volume of trade of DMH on the NYSE was VERY VERY low. Many 
> days went by with the volume being zero, and rarely was it over a thousand. 
> 
> Having to pay an accounting firm several tens of thousands for the 
> privilege of being on the NYSE simply did not make sense. 
> 
> That being said, Ducati is still available OTC as DMHYY.PK (pink 
> sheets). So you can still buy it if your broker will trade pink sheets. 
> 
> 
> At 10:24 PM 6/18/2007, you wrote: 
> >Interpretation: The cost of compliance & having to report REAL 
> >numbers is too high....... 
> > 
> >At 07:52 PM 6/18/2007, Mateo wrote: 
> > 
> >>*Ducati To Delist From NYSE Due To Costs [DMH]* 
> 
> 
> ***** 
> 
> Our newest sponsor, MC Stands, has just opened its doors! It's a motorcycle 
> stand superstore. Every brand, every model, 95% in stock for immediate 
> shipment. Whether front stands, rear stands, paddock stands, dirt bike 
> stands, or any kind of stand or lift, MC Stands tests, rates, and discounts 
> everything they sell. Check them out! 
> 
> Visit: http://mcstands.com/ 
> _______________________________________________ 
> Ducati mailing list 
> Ducati at ducati.net 
> http://list.ducati.net/cgi-bin/mailman/listinfo/ducati 
> Mailto: 2vtwin at comcast.net