EMachines Mulls Reply to Nasdaq Delist Threat

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.