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Technology Stocks : Cheap Tickets, Inc. (CTIX)
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To: Jon K. who wrote (85)8/2/1999 12:04:00 AM
From: sakura   of 128
 
I don't think it is expensive. But not as too cheap as I though last Tuesday. However, I still believe this worth around MKT Cap 2 Billion. I recognize 2nd and 3rd quarter is seasonably strong. Here is the fact. 98 year fiscal revenue was 171.11 Mil. last 2nd Q revenue was, I believe, 46 Mil. this Q revenue was 102.57 Mil. which sales from online increased more than 100%. As far as the fundamental concerned, it is great in the short terms. But what I can't expect is how airline industry would operate their businesses. Even though volume came down somewhat, I think if the stock moves upward momentum would revive. I still believe there are so many bargain hunters out there.
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