Preview Travel (PTVL) ---- Via...Excite & AOL Message Board

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Technology Stocks : Preview Travel (PTVL) ---- Via...Excite & AOL

PTVL 1.390

0.0%

Jan 21 3:00 PM EDT

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To: Wolff who wrote (712)	10/14/1999 4:29:00 AM
From: Wolff	Read Replies (1) of 728

NEWS: Fidelity Management & Research takes 12% ownership of PTVL Wednesday October 13, 6:51 pm Eastern Time FMR Corp. has 12 pct stake in Preview Travel WASHINGTON, Oct 13 (Reuters) - FMR Corp., the parent to Fidelity Management & Research Co., said Wednesday it has a 12.05 percent stake in Preview Travel Inc. (NasdaqNM:PTVL - news), an online cruise and vacation booking service. Boston-based FMR, in its initial filing with the Securities and Exchange Commission, said it has 1,665,200 shares of San Francisco-based Preview Travel. Sabre Holdings Corp. earlier this month announced plans to spin off its online travel business, Travelocity.com and merge it with Preview Travel to create the largest online travel agent. The combined company, to be called Travelocity.com, requires approval by the shareholders of Preview Travel and the new company would be 70 percent owned by Sabre and 30 percent owned by Preview Travel. Preview Travel shares are up 1/2 to 30-1/2 on Nasdaq.

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