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

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To: LAWRENCE C. who wrote (901)4/28/1998 5:08:00 PM
From: Rock  Read Replies (1) of 4761
 
About the Stock Investor newsletter by Lou Riley.

I went to the web site to take a look and download the list of past trades. The
performance is mixed, there are some good picks, some bad ones.

But the famous pick for Mr Lou Riley was when he started to promote KTEL. I don't
know when he first mentioned KTEL in his newsletter but he started to post on the SI's
KTEL thread on 4/15/98. His target price for KTEL was 100!!!
exchange2000.com

That day, KTEL closed around 19-20.

Seven days later on 4/22/98, KTEL went up to its 52 weeks high at 49 1/2.

The newsletter seems to pick stocks with fundamental and earnings to go long. In fact,
Mr Lou Riley warned that his newsletter is not for providing getting rich quick scheme
but merely for providing investment ideas.

The subscription fee for the newsletter is quite high, $99.95/month, or $539.95 per 6
months, or $959.95 per year. So this investment newsletter is for people with money.

Hope that Mr Lou Riley is right this time with IFLY as he was right with KTEL.

Things to look forward for IFLY:

- Excellent earnings report
- Buy recommendation from First London along with target price above 20
- Some details on Internet plan
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