Navigant International (FLYR) Message Board

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Technology Stocks : Navigant International (FLYR)

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To: Rob S. who wrote (658)	7/16/1999 10:50:00 AM
From: Dennis C	Read Replies (2) of 725

Spin off? Navigant shares fly high -- Business Week NEW YORK, July 15 (Reuters) - Navigant International (Nasdaq:FLYR - news), which provides travel services to midsize companies, is seeing its shares headed in the right direction, according to an article in Business Week. Analyst Keith Mullins, of Salomon Smith Barney rated the stock a ''speculative buy'' and told the magazine in its July 26 issue, the company should earn $1 a share in 1999 up $0.61 in 1998. Shares of Navigant sailed to 8-7/32 on July 13 from 8-13/16 in early April, the magazine said. Shares of Navigant Thursday closed at 8-15/16. Jay Petschek, of the investment firm Corsai Capital Partners, who own 5 percent of the company, says Navigant is in talks with several Internet portals regarding the company's online business, which Petschek told the magazine he believes will be spun off in an public offering.

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