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Technology Stocks : Navigant International (FLYR)

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To: Dennis C who wrote (659)7/18/1999 12:09:00 AM
From: Rob S.  Read Replies (1) of 725
 
This news confirms my discussions with the company CFO and Internet manager. I don't think a spin off will occur until this fall after the consumer web site is open. They said that they are talking to the major Internet portals and to "other large Internet companies" and were trying to put together the most advantageous position. It may sound nuts, but they could be talking to Amazon.com or other major player about investment in the consumer travel portal. Here is why that would make sense to Amazon or other company: 1] Amazon could buy into the portal for relatively cheap and once the IPO for the spin off takes place, their investment will quickly appreciate many times. 2] This would give them a first class travel portal with lots of professional regional support. What is missing with the typical web travel agency is that they offer little guidance or problem handling.

Investors should call or write the company to encourage them to do the spin-off. The largest investor is obviously pushing for it.

Doing a spin-off will put FLYR into high gear. The attention this would bring to the stock along with the improving earnings should send it much higher.
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