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Technology Stocks : ITEX is a Great Buy at under $6
ITEX 3.0000.0%Jan 30 9:30 AM EST

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To: pcyhuang who wrote (549)3/12/1999 10:22:00 PM
From: pcyhuang  Read Replies (6) of 623
 
New Management

ITEX traded more than 173,000 shares today and closed up at $1 3/16.
Many investors, including myself, have high expectation of the
change in management and the installation of a new CEO in the near'
future.

---

PORTLAND, Ore.--(BUSINESS WIRE)--March 11, 1999--The Board of Directors of ITEX Corporation today announced that it has accepted
the resignation of Graham H. Norris, Sr. as Chief Executive Officer
and President of ITEX Corporation and as a member and chairman of the
Board of Directors.

The Board expressed its sincere appreciation for Mr. Norris' 2 1/2
years of service as CEO and President and his service as a member of
the Board of Directors since the inception of the corporation.

Dr. Charles Padbury, a member of the Board of Directors since 1992 was
elected Chairman of the Board of Directors and will perform the duties
of interim president until a successor can be named.

Rgds,

pcyhuang
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