PENN TRAFFIC IS OFF THE BIG BOARD

SYRACUSE, N.Y. -- Penn Traffic here is looking for a new home for its common stock, the company said.The company's stock was delisted by the New York Stock Exchange effective Nov. 2 because of its failure to meet NYSE continued listing requirements for financial performance and assets. Penn Traffic's bonds will continue to be listed and traded on the NYSE.According to Penn Traffic Chairman Gary Hirsch,

SYRACUSE, N.Y. -- Penn Traffic here is looking for a new home for its common stock, the company said.

The company's stock was delisted by the New York Stock Exchange effective Nov. 2 because of its failure to meet NYSE continued listing requirements for financial performance and assets. Penn Traffic's bonds will continue to be listed and traded on the NYSE.

According to Penn Traffic Chairman Gary Hirsch, "The move by the exchange is not prompted by anything that has happened t

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