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Technology Stocks : OnSale Inc.
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To: Abraham Pucheril who wrote (4876)11/23/1999 8:08:00 PM
From: RockyBalboa  Read Replies (1) of 4903
 
yahoo.cnet.com


Complicated logistics will force the Egghead.com to trade under changing stock symbols over the next 10 trading days on the Nasdaq stock exchange. Today, Egghead will trade under the "ONSL" symbol. Beginning tomorrow, it will trade under the "EGGSD" symbol for 10 trading days. After 10 days, Egghead.com will be traded under the "EGGS" symbol.

Egghead.com shareholders receive 0.565 shares of Onsale common stock in exchange for each share of Egghead common stock.

So, 1 ONSL == 1 EGGS(D) new, 1 EGGS (old) == 0.565 EGGS(D) new
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