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Technology Stocks : Cheap Tickets, Inc. (CTIX)

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To: Mary Baker who wrote (110)10/30/1999 3:02:00 PM
From: molemania  Read Replies (1) of 128
 
Apparently an analyst on CNBC said to hold off on this one because airlines were cutting commissions. But only about 6% of CTIX's revenues are via commissions while the remaining are from unpublished tickets. CTIX has about $7 per share in cash and marketable securities, so if you back this out, the company is going for about $9 a share now. Seems like a steal to me? Anyone have any comments?
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