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EMachines Mulls Reply to Nasdaq Delist Threat

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EMachines Inc. said it has been warned by the Nasdaq stock market that it could be removed from the exchange if the minimum bid for the Irvine low-cost computer maker doesn’t equal or exceed $1 a share for 10 consecutive trading days before March 20.

The stock, which hasn’t closed at $1 a share since Nov. 7, lost 3 cents Tuesday to close at 25 cents a share.

In a document filed late Friday with the Securities and Exchange Commission, EMachines said it may try to seek a review of the decision should the stock not meet the minimum requirement before March 20. The company may also apply for listing on another organized market.

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