By Kate Hanaghan, 17 July 2001 11:25
NEWS Buy.com is facing the grim prospect of being thrown off the tech-laden Nasdaq index for failing to stay above the $1 threshold. The internet superstore is set to meet with the Nasdaq Listing Qualifications Panel on Thursday to learn its fate. If Nasdaq decides to delist the company, the action would be effective immediately after the hearing. Buy.com's UK operations were bought by retailer John Lewis in February this year.

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