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Technology Stocks : Preview Travel (PTVL) ---- Via...Excite & AOL
PTVL 1.3900.0%Jan 21 4:00 PM EST

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To: RDH who wrote (285)5/28/1998 1:08:00 PM
From: Kip518  Read Replies (1) of 728
 
RDH, thanks for the complete analysis. I saw the news yesterday and it didn't seem like a big deal to me. Lots of people hit travel sites to plan trips (I use ITN) but end up making reservations in other ways. The action today looks like PTVL was run up on fairly low volume to allow some big trades (10K blocks) out the top. I assume this MMs helping insiders unload. It is already starting to back off.

I don't expect to hold this short til PTVL is in the single digits. But I do enjoy playing the trends, which for PTVL right now is down.

Good luck, Kip
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