SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : LastShadow's Position Trading
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LastShadow who wrote (3524)12/2/1998 9:34:00 AM
From: the options strategist  Read Replies (1) of 43080
 
LS, all, Re: PTVL fundamentals:

Headquartered in San Francisco, the firm has 13 million shares outstanding giving the stock a market cap of $250 million.

Preview Travel is a provider of online travel services for leisure and small business travelers. Revenues reflect an increased customer base and an increase in paid advertising on the Company's web site. Losses reflect costs related to the development of online content and especially related to the agreements with AOL and Excite, and higher advertising expenditures.

Revenues were up 65% last quarter and we look for continued growth in the range of 65 to 80% on a year to year basis for the next few years. Revenues were $14 million for 1997 and in the first nine months of 1998, the company has done $14 million. There are no profits but the firm should be profitable in 2000.

Last week Preview added improvements to their web site which make it easier and quicker to use and should help them turn more of their 5 million users into real live customers who actually book their travel online. They also added a toll free call-in number to increase purchases from users who are skeptical about entering their credit card information online. With these improvements in place, the company is sure to grow quickly and is a definite buyout candidate.

Jen
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News