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Originally Posted by Undertoad
The American Stock Exchange did not become NASDAQ - it never went away. OTC didn't have blue-chippers like Microsoft until NASDAQ boomed, tracking the tech bubble in the 90s.
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Irrelevant whether MSFT or INTC existed in NASDAQ or in a same stock exchange called 'Over the Counter'. NASDAQ pioneered trading by computers - not on a trading floor - even back in the 1960. That would be long before 1971.
The American Exchange is now part of NASDAQ when NASDAQ bought it. Back in the 60s, the OTC was the third exchange doing something radical - trading by computer. American Exchange that was #2 is now part of NASDAQ. But again, above provided as background information to demonstrate that "NASDAQ, which didn't even exist until 1971" is incorrect.
BTW, you can still buy products from RCA. And yet RCA has not existed for something like 20 years. AMEX is now part of NASDAQ that also existed long before 1971 - when AMEX was a larger and more respected exchange alongside NYSE.