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Technology Stocks : IFLY - travel sales on the web pure play
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To: JOHN CHEN who wrote (2874)12/30/1998 11:06:00 PM
From: SkyDart   of 4761
 
To John Chen, Tokyo and the Naysayers:

Please re-read my post #2873. IFLY is a legitimate wave meant to be ridden by those who wish to profit by buying low and selling high. Its that simple. There are no mafia men hiding behind the bushes.

This stock is not going to hell in a handbasket any sooner than the likes of UBID, CYCH, MALL or a slew of other momentum driven internet-related stocks.

One only needs to analyze the price and technical action that is present for all to see.

This should not be a partisan forum [ie the Longs against the Shorts]. It gets nauseating to read the predictable trash-talking of the shorts beating down the intelligence of the longs and vice-versa. Kind of like listening to CNBC and watching the Republicans bash Clinton while the Democrats loyally defend, yet all ignore the facts.

For what its worth, I remain hedged with a combination of long warrants and short stock. I covered a good percentage of my shorts today at 10 3/8 to 11 3/8 in the belief we will see some upward movement in IFLY; especially while awaiting the release of IRIS.

BTY That guy, Chris Byron who wrote "the article" has his facts all wrong and might just as well have us believe that the whole internet frenzy is being manufactured out of some Florida Boiler-room---total stupidity and sour grapes. For example, he cited that IFLY nearly tripled in a day on Monday. Sorry, but a rise from 9 to 16 hardly constitutes a tripling. If his opinions are in any way as accurate as his facts, they may be safely taken with a tiny grain of salt....

Happy trading and good luck to all,

Jeff
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