Cheap Tickets, Inc. (CTIX) Message Board

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Technology Stocks : Cheap Tickets, Inc. (CTIX)

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To: $Mogul who wrote (106)	10/28/1999 1:53:00 AM
From: Jon Stept	Read Replies (1) of 128

$Mogul- re:CTIX is profitable... It does not matter if CTIX is profitable. The reason companies are given astronomical PEs and hence stock prices is not because of their profits. It is because of earnings acceleration. CTIX lost it's earnings acceleration, that is why the stock is down. Investors key in on earnings acceleration to gauge expectations for future growth, dividends and market leadership. With internet stocks, profit and market cap are secondary. Just my opinion, and happy investing. Jon :)

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