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

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To: Turboe who wrote (556)4/17/1998 2:35:00 PM
From: Don Roberts  Read Replies (1) of 4761
 
Basically what is happening is the shorts are getting squeezed on IFLY. Some don't have stops, and so will cover on Monday at the open. In additon, weekend buyers will buy IFLY Monday ... we should see higher next week ... maybe over 10??? We should see a run at the end of the day as some more shorts cover and people buy into the weekend.

Later,
Don
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