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Technology Stocks : IFLY - travel sales on the web pure play

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To: Secret_Agent_Man who wrote (334)4/13/1998 10:17:00 PM
From: Secret_Agent_Man  Read Replies (2) of 4761
 
The whole float changed hands and the Strong Hands will Prevail!

The mm's will try to cover their shorts by opening up the dropping away the bid and ask like they tried at the close today but, buyers still see VALUE and will not relinquish shares so easily.

The only way to cover is go Up even more then try a fade and cover at ~10:00am, this too should fail as the upward pressure and the real Big Hands grab for their share!

Subject 20276

To: Byron Glenn (6 )
Monday, Apr 13 1998 9:56PM ET

The MM's may try but I don't see them having much success in slowing down this train for a little while. IFLY now is perceived as an undervalued internet play. IFLYW's are perceived by many of us as a great way to leverage your money with a nice premium attached.

Byron
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