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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: jjs_ynot who wrote (396)12/5/1998 7:24:00 AM
From: ChrisJP  Read Replies (1) of 728
 
Thanks for the info. I didn't realize that Travelocity was wholely owned by Sabre. This might explain why IFLY & PTVL held up pretty well yesterday when many other e-commerce stocks continued to "correct" (ha, ha).

PTVL is still trading with lower highs and lower lows. Look at this chart:

iqc.com

PTVL may have a little further to drop (13 - 14 ?) but fortunately (or in my case unfortunately) it didn't runup as much as the other stocks, and the triple bottom around 11 looks pretty good. Of course sales and earnings info and investor mood can change all of this.

Since PTVL has traded a lot higher during 1998, you might see some weakness due to tax loss selling.

Regards,
Chris
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