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Technology Stocks : Cheap Tickets, Inc. (CTIX)
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To: Ron Kline who wrote (67)7/28/1999 12:12:00 AM
From: Electric  Read Replies (2) of 128
 
On CTIX,

I love this company. Todays numbers ought not to be a suprise to those that have followed it since its IPO. Even at these levels if the company as similar earnings for the next two quarters, its relative PE is not that high. Look at how it initially trailed PCLN and now how it is acting in relation to it.

I do think that PCLN is a very different company, but compare how efficient CTIX is. They started through traditional means to build up name recognition and expanded onto the net afterwords. I am quite impressed with how the growth numbers looked online. I also like how the website moves quickly and is constantly updated.

There is more room to go for this stock. After these great earnings there will be more analyst recognition and more $$$ for those that did not sell when they were tempted to.

Dont be suprised to see more follow through if the general market cooperates. Very strong volume today, also notice the large number of big blocks picking up the stock.
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