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Non-Tech : ETRV (ETRAVNET.COM), a major new travel entity

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To: vagabond who wrote (20)12/16/1999 5:38:00 PM
From: vagabond of 21
 
In case anyone hasn't already noticed, the stock-symbol has been changed by NASDAQ from ETRV to ETVT (effective Dec. 15th), pursuant to a formal NASDAQ notification (sent to brokers, market-makers, etc.) making-note of the July '98 20-1 R/S that had previously gone un-reported to NASDAQ.

I see that the stock HAS in fact begun trading under ETVT (as-of Dec. 16-th), at roughly the same price as previously under ETRV. So whatever NASDAQ did, it apparently didn't affect the per-share price. But it may have involved a formal recognition of the prior 20-1 R/S, which may have changed the total number of shares outstanding & issued. I'm not clear on the details as of this writing -- and don't yet know if/how this NASDAQ move might impact investors who've been adversely affected by the PLEX-ETRV "conversion confusion." I'll be trying to find out more, and if I learn anything helpful I'll post it here...

Vagabond
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