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

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To: Mike Sesan who wrote (1140)5/13/1998 1:08:00 AM
From: Stephen  Read Replies (1) of 4761
 
Mike - thanks for checking. Frankly, there's nothing like impending news to keep a stock price steady !!. Having watched it recently, its only people buying in at end of day in case there's news that has kept the stock at 8. Otherwise I feel we would be at around 7 by now. JMHO. I must say that I am a little nervous about this stock. There's nothing in the price movement to suggest that anyone knows any good news ... even though the figures that are going to be reported must be known by now. The last stellar figures were due to the acquisition, so qtr on qtr is not going to look so impressive this time. Also, there's a great expectation that the company will simultaneously announce something regarding the internet ... but there's no guarantee and its certainly possible that they have not been able to arrange/finalise anything yet. Unless stockholders expectations are met I think the stock price will tumble. In truth, I'm disappointed that they haven't announced something already. Whoops .... this post is far too negative so I'm going to stop !. Difficult to believe I'm so weak knee'd, but I have an uneasy feeling ...... internet wise I'm also in PNLK which is performing wonderfully ... and BGIX ... which isn't .... but for some reason this stock is the only one that my antenna is wobbling at !!.
Enuf .... only time will tell !!
Good luck to us all !!
Stephen
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