[OFF TOPIC (to John Rakoci)]
John - just in case you don't have anything to buy with your TPRO money, take a look at IFLY. I bought this morning at 2 9/16 along with TPRO, it's now at 3, a good 16% gain for me. This company is 1-800-Travel something, it's a recent IPO, they sell airlines ticket on the Internet, growth rate about 150%. Company hasn't made money yet but who cares. Look at Sportsline (SPLN), it's now around 20. OnSale (ONSL) also started the IPO at 5 and went as high as 30. I believe IFLY will go to 10 shortly. If my hot air balloons such as IFLY and TPRO go up, I will have to take some vacation to reward myself of my hard labor. Hmmm, may be a new car, or new stereo, DVD,,,, oops, I am doing too much DD (day drreaming).
Back to reality (labor).
P.S. Here are some info on IFLY:
800 Travel Systems, Inc.
Description:
800 Travel Systems aims to find its customers the cheapest seats in the skies. Through its easy-to-remember toll-free numbers 1-800-LOW-AIR-FARE is one) the company's agents help budget travelers nail down the lowest available air fares, using the SABRE travel reservation system. 800 Travel Systems generates revenue from commissions on air travel arrangements; fees charged to customers; promotions with hotel, car rental, and leisure companies; and override commissions with Continental, TWA, United, Carnival, America West, America Trans Air, and Mexicana.
Address: 4802 Gunn Hwy.
Tampa, FL 33624
Phone: 813-908-0404
Fax: 813-908-0080
Web Site: lowairfare.com
CEO: Mark D. Mastrini
CFO: Jerrold B. Sendrow
Fiscal Year End: December
1996 Sales ($ mil.): 3.2
1-Yr. Sales Change: 166.7%
1996 Income ($ mil.): (3.2)
Employees: 184
Company type: Public
Filing date: June 2, 1997
Date went public: January 15, 1998
Shares offered (mil.): 1.35
Post-offering
shares (mil.): 7.693
Offering amt. ($ mil.): 6.8
Proposed offer price: $5.00
Actual offer price: $5.00
First day open: $5.47
First day close: $5.75
Ticker Symbol: IFLY
Exchange: Nasdaq (SC)
Underwriters: First London Securities Corporation |
