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Technology Stocks : IFLY - travel sales on the web pure play

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To: ilh1 who wrote (3422)1/3/1999 12:56:00 AM
From: M.R. Davis   of 4761
 
I also want to disclose my plan for the next few days / weeks.
I'm holding several thousand warrants only.

I plan to sell in tranches of 10% up to a maximum of 50% until the warrants reach $20. Then if the action still looks good I will hold the rest for as long as I can bear and sell into continued heavy volume at what I perceive to be a peak.

Then I intend to use about 25% of the profits to repurchase stock on a major dip.

I don't think I would repurchase if the price was above $24-$28.

That's the plan.
Execution of plan - hmmm..... I know I'll be changing the plan as I watch the action!!!!
But there is a plan at least!

Good luck to everyone for Monday (I keep thinking it's tomorrow - 3 day weekends!)
God bless.

Mark

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