January 04, 2005
Analyst Coverage Slim to None for Smaller Public Companies
When risk is high, those clients who are relatively obscure, tend to stay that way. Analyst coverage is extremely difficult to obtain these days. Analysts look at the risk/reward formula and determine that small clients offer extreme risk without much upside.
An excerpt on this growing issue here:
"Paul Mueller said in a filing with the SEC that costs associated with being a public company "far outweigh" any benefits. NASDAQ has halted trading in the company until it has supplied the exchange with more information.
Paul Mueller also cited the absence of analyst coverage for companies of its size and business following the recent analyst shrinkage after the investment banking scandals. Most public companies are no longer covered by analysts, giving rise to standards-based independent research providers such as those who belong to the FIRST Research Consortium (http://www.firstresearchconsortium.com), and various non-standards providers." For the complete article, click here.
For more information about how your company can rapidly and effectively comply with Sarbanes-Oxley, see www.issuescentral.com or call (416) 977-1496.
An excerpt on this growing issue here:
"Paul Mueller said in a filing with the SEC that costs associated with being a public company "far outweigh" any benefits. NASDAQ has halted trading in the company until it has supplied the exchange with more information.
Paul Mueller also cited the absence of analyst coverage for companies of its size and business following the recent analyst shrinkage after the investment banking scandals. Most public companies are no longer covered by analysts, giving rise to standards-based independent research providers such as those who belong to the FIRST Research Consortium (http://www.firstresearchconsortium.com), and various non-standards providers." For the complete article, click here.
For more information about how your company can rapidly and effectively comply with Sarbanes-Oxley, see www.issuescentral.com or call (416) 977-1496.
