Crescent Operating, Inc. Shares to Trade On The OTC Bulletin Board.Business Editors FORT WORTH, Texas--(BUSINESS WIRE)--April 27, 2000 Crescent Operating, Inc. ("Crescent Operating" or the "Company") announced that, effective with the opening of the market on April 27, 2000, its common shares will be traded on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. . The shares, which previously had been traded on The Nasdaq SmallCap Market but which did not meet the requirements for continued listing, will retain the same trading symbol Trading symbol See: Ticker symbol , "COPI COPI Chevron Overseas Petroleum Inc. COPI Construction Output Price Index (UK) COPI Court-Ordered Protected Individual ." Certain Internet sites require the addition of the letters "OB" to the Company's ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors to locate information regarding the Company. Crescent Operating is a diversified management company diversified management company An investment company with a minimum of 75% of its assets as cash, government securities, securities of other investment companies, and other securities subject to a limitation of no more than 5% of the diversified management which through various subsidiaries and affiliates, owns, leases or operates a portfolio of assets consisting primarily of seven full-service hotels and two destination health and fitness resorts, an interest in a temperature controlled logistics operating company, an interest in three real estate development operations, and an equipment sales and leasing business. For further information, please contact Rick Knight, Chief Financial Officer at 817/339-2212. Crescent Operating is also online at www.crescentoperating.com. |
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