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Strategies & Market Trends : Joe Stocks Trader Talk

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To: Joe Stocks who started this subject	3/26/2002 12:24:00 PM
From: Joe Stocks	of 787

ROOM- On the other hand, down 5% on 3x volume. Mentioned here as a short. From MW. Hotel Reservation Networks (ROOM: news, chart, profile). Shares have soared from $20 in September of last year to $68 currently. Shares dipped 4 percent in Tuesday's trading on concerns HRN's exclusivity contract with Travelocity was vulnerable to some adverse change. Travelocity said the Site59 business would be complementary. HRN is the exclusive supplier of discount rooms to Travelocity, said Winchester. This exclusivity agreement runs until 2005. How dependent is HRN on Travelocity? Winchester said Travelocity approaches 10 percent of sales. marketwatch.com Joe

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