Bell Micro: Now On The Pink Sheets
It’s official: Bell Microproducts (BELM.PK) has lost its Nasdaq listing due to late financial filings, as feared, and now trades on the pink sheets. The distributor of disk-dives and other tech products had warned months ago that this was a possibility, but the stock fell dramatically over the last few days as investors faced up to the situation. The stock, which fell 46% from Thursday’s close through yesterday, today is on the mend: on the pinks, the stock is up 24 cents, or 14.5%, at $1.90.

Tech Trader Daily is a blog on technology investing written from Palo Alto, California by long-time Barron's West Coast Editor Eric J. Savitz. The blog provides news, analysis and original reporting on events important to investors in software, hardware, the Internet, telecommunications and related fields.