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

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To: ilh1 who wrote (2701)12/3/1998 5:51:00 PM
From: PHG  Read Replies (1) of 4761
 
**************** Different reasoning, same dates *********************

The month of December usually late Dec. experiences erratic stock movements. The Large fund managers are positioning for closing out the last quarter of their books, by clearing out stocks with gains and losses for tax purposes and healthy financial statements to investors.

Right after the first of the year in 1998 a large influx of money was reinvested in stocks. If I'm correct, IFLY "may" have timed it to coincide with this cycle. Either just before or directly after the year-end could be a well-timed release. But market sentiment plays a controlling influence over all well conceived plans.

Phil
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