From Yahoo! board
post.messages.yahoo.com
" Joe,
Good afternoon. I trust you are enjoying a beautiful day in the California sunshine.
Thank you for you message regarding 800 Travel Systems.
It is regrettable that you state, "many of us shareholders are now starting to doubt that the company even understands the marketplace and the internet and are puzzled as to what the company is attempting to do here."
We greatly appreciate the loyal support of our 800 Travel's investors. Management is determined to fulfil each and every one of the previously stated initiatives to grow the company thereby increasing shareholder equity.
As for when and how this will happen, there is very little that I can say in the way of forward looking comments. Any information we can provide about 800 Travel Systems, completion of corporate alliances, fulfilment of previously stated plans, or additional site content will be publicly announced through Newswire, BusinessWire, etc. Following a public disclosure, the Investor Relations department is able to help the street disseminate the information.
I am sorry if you feel slighted or ignored by 800 Travel Systems. That is not our intent. Far from it. The members of the Tampa headquarters are working hard to accomplish our objectives, and fulfil those promises to investors. The Investor Relations dept continues to canvas the small cap, Internet, and travel sector analysts and investors to tell them our yet to be completed story.
Consider the fundamental reasons that you initially purchased 800 Travel Systems stock. Have these changed?
The corporate mission to become a full service travel portal is unchanged The exclusive IRIS chat technology is putting up what appears to be the highest look to book close ratios in e-commerce IRIS membership continues to grow rapidly - currently this is with out any advertising of the site while IRIS completes a testing period 800 Travel Systems continues to enjoy profitability of the brick-and-mortor fulfilment side of the company
If you are concerned about your investment and/or the future development of 800 Travel Systems, I urge you to be present for this year's Investor's Shareholders meeting which will be held in Tampa, Fl. on December 1, 1999. That is the proper and best forum to address each and every one of your concerns. More information on time and location forthcoming.
Thank you for taking the time to contact us. I look forward to speaking to you again soon.
regards,
Jonathan Leibensperger 800 Travel Systems Investor Relations " |