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To: s martin who wrote (3644)6/17/1998 7:49:00 AM
From: tonto  Respond to of 6528
 
Steve Cayou, president of Travis, stated that Planet Sports will bring experienced executive management and outdoor industry veterans to the management team of Travis. GONE.

Cayou further stated that the merger greatly ensures completion of pending acquisitions and will enhance the company's ability to attract substantial candidates with leading-edge, state-of-the-art technology and advanced marketing techniques.


That no longer exists.

Pursuant to the letter of intent, Thomas P. Raabe, chairman and chief executive officer of Planet Sports, will be placed on the board of directors of Travis in anticipation of the merger.

Raabe is named Chairman and CEO pursuant to the merger intent of his private company. Now the merger will not take place. We have seen this before and while Raabe has benefited financially from this, will shareholders?