[Federal Register Volume 66, Number 10 (Tuesday, January 16, 2001)]
[Notices]
[Pages 3621-3622]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-1190]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration; (Bitwise Designs, Inc., Common Stock, $.001 Par 
Value) File No. 0-20190

January 9, 2001.
    Bitwise Designs, Inc., a Delaware corporation (``Company''), has 
filed an application with the Securities and Exchange Commission 
(``Commission''), pursuant to Section 12(d) of the Securities Exchange 
Act of 1934

[[Page 3622]]

(``Act'') \1\ and Rule 12d2-2(d) thereunder,\2\ to withdraw its Common 
Stock, $.001 par value (``Security''), from listing and registration on 
the Pacific Exchange, Inc. (``PCX'').
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    \1\ 15 U.S.C. 78l(d).
    \2\ 17 CFR 240.12d2-2(d).
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    The Company's Security has been approved for quotation on the 
National Market of the Nasdaq Stock Market, Inc. (``Nasdaq National 
Market''). Trading in the Security on the Nasdaq National Market began 
in April 2000. As a result, the Company has determined to withdraw its 
Security from listing and registration on the PCX in the belief there 
are no additional benefits to either the Company or its shareholders in 
maintaining such listing. In effecting such withdrawal, the Company 
will avoid the direct and indirect costs incurred in maintaining the 
PCX listing.
    The Company has stated in its application that it has complied with 
the rules of the PCX governing the withdrawal of an issue from listing 
and registration and that the PCX has in turn indicated that it will 
not oppose such withdrawal. The Company's application relates solely to 
the withdrawal of the Security from listing on the PCX and registration 
under section 12(b) of the Act \3\ and shall have no effect upon the 
Security's continuing quotation on the Nasdaq National Market or on its 
obligation to be registered under section 12(g) of the Act.\4\
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    \3\ 15 U.S.C. 78l(b).
    \4\ 15 U.S.C. 78l(g).
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    Any interested person may, on or before January 31, 2001, submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street, NW., Washington, DC 20549-0609, facts bearing upon 
whether the application has been made in accordance with the rules of 
the Amex 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.\5\
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    \5\ 17 CFR 200.30-3(a)(1).
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Jonathan G. Katz,
Secretary.
[FR Doc. 01-1190 Filed 1-12-01; 8:45 am]
BILLING CODE 8010-01-M