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Technology Stocks : Cheap Tickets, Inc. (CTIX)
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To: Jon Stept who wrote (108)10/28/1999 4:44:00 PM
From: gizelle otero  Read Replies (1) of 128
 
Reposted from RB and DAMNED time it was said!

I called the company @ 3:35 PM

I talked to the CFO and asked him the following question:

"Is there any fundamental reason you know of to account for your stock being down so far after your earnings report?"

He replied, "Mr. ---, I can tell you that there is NO (emphasized) reason which I am aware of to account for my company's stock to be down."

I then asked him, specifically about relationships with major carriers and he AGAIN denied that there have been any changes or negotiations with any major carriers.

He pointedly mentioned that business remains STRONG AND EXPANDING and that the company is looking forward to a great holiday season.

I then hung up the phone @ 3:50 PM and called Fidelity Investments (Spartan) and bought 100 of the January 2000 $20 calls to open. This is a $21,000 investment at $2 3/16, which is the price I paid.

These calls were well over $6 each two days ago!

Each investor must have the BALLS to swing for the fence when the situation warrants it.

There is NOTHING wrong with Cheap Tickets except for the margined-out, hop-head momentum speculators who had to bail out after the earnings report showed ONLY a 300% gain in profits!

I use Cheap Tickets - they are the cheapest airfares in the United States and have great service.

To whoever sold today: I seldom use profanity. Let me just say you are some dumb sons-of-female dogs. You let people with brains STEAL your shares from you these last two days.
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