Preview Travel (PTVL) ---- Via...Excite & AOL Message Board

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Technology Stocks : Preview Travel (PTVL) ---- Via...Excite & AOL

PTVL 1.390

0.0%

Jan 21 4:00 PM EST

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To: BigJC who wrote (703)	9/26/1999 8:25:00 AM
From: Sly_	Read Replies (1) of 728

From the BULL MARKET REPORT: COMMENT: This is a quiet announcement with big implications for the online travel business and especially Preview Travel. We have had it with Preview Travel (PTVL). On a recent survey, they came up #11 on a list of top travel sites. Not good. We purchased it last November at $19, watched it climb to $30 and then watched it waffle around for a year between $15 and $30, closing today at $15. We are placing our order to sell tomorrow morning. This is a loss of 4 points or 21%. Many of you who placed sell stops at $25 after the stock peaked at $30 are happy campers. We kept the faith, but are now rewarded with a monster competitor in Microsoft and frankly, we are not willing to wait and see what is going to happen. For those of you who have patience, you may wish to decide on your own to hold the stock and to wait and see what is going to happen in the future. As to us, we're not waiting around any longer. We are going to redeploy the assets in other areas ###

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