[Federal Register Volume 59, Number 101 (Thursday, May 26, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-12893]
[[Page Unknown]]
[Federal Register: May 26, 1994]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Issuer Delisting; Applications to Withdraw From Listing and
Registration; (Winstar Communications, Inc., Common Stock, $.01 Par
Value; Series A Redeemable Common Stock Purchase Warrants; Series B
Redeemable Common Stock Purchase Warrants) File No. 1-10726
May 20, 1994.
Winstar Communications, Inc. (``Company'') has filed an application
with the Securities and Exchange Commission (``Commission''), pursuant
to section 12(d) of the Securities Exchange Act of 1934 (``Act'') and
Rule 12d2-2(d) promulgated thereunder, to withdraw the above specified
securities from listing and registration on the Boston Stock Exchange,
Inc. (``BSE'').
The reasons alleged in the application for withdrawing these
securities from listing and registration include the following:
According to the Company, its Common Stock, Series A & B Redeemable
Common Stock Purchase Warrants are listed on the BSE and quoted in the
NASDAQ SmallCap Market under the symbols ``WCII,'' ``WCIIW'' and
``WCIIZ,'' respectively. The Company now seeks to withdraw the
securities from listing on the BSE.
According to the Company, the decision to withdraw the securities
is based on the limited and sporadic trading activity of the securities
on the BSE since the date of listing. The Company's primary trading
market has been and continues to be the NASDAQ SmallCap Market. The
Company believes that the benefits of remaining listed on the BSE do
not outweigh the costs involved in maintaining such listing, since the
NASDAQ SmallCap Market represents the primary trading market for the
securities.
Any interested person may, on or before June 13, 1994 submit by
letter to the Secretary of the Securities and Exchange Commission, 450
Fifth Street, NW., Washington, DC 20549, facts bearing upon whether the
application has been made in accordance with the rules of the exchanges
and what terms, if any, should be imposed by the Commission for the
protection of investors. The Commission, based on the information
submitted to it, will issue an order granting the application after the
date mentioned above, unless the Commission determines to order a
hearing on the matter.
For the Commission, by the Division of Market Regulation,
pursuant to delegated authority.
Jonathan G. Katz,
Secretary.
[FR Doc. 94-12893 Filed 5-25-94; 8:45 am]
BILLING CODE 8010-01-M
