IFLY - travel sales on the web pure play Message Board

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

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To: Stephen who wrote (2846)	12/22/1998 11:16:00 PM
From: M.R. Davis	Read Replies (2) of 4761

Excuse me joining in on this. When IFLY management announced a website they also were clear at that point in time, or shortly after, that it would be up by the end of the year. Currently they are sticking with that timetable and are ready for launch at year end. However they have indicated that perhaps an early January launch might be better timing - and most of us would agree with that. [Where blankmind gets Feb from I haven't a clue.] I don't understand why you feel they have misled investors. The pilot site was a little late. Many, if not most, of us posting here have tested it and are very impressed. They have not announced progress on the site - I think because they feel it would steal the heat from the news of the site launch. Though we have no official statements we are all very well informed of progress and if you call them up you end up chatting to the CEO or CFO who are only too happy to answer investors questions and will invite you to test the site. What better investor relations could you ask for? A chance to preview an new interactive website that will redefine profitability for the Internet Travel Sector... what do you want? Money on a plate? They don't view themselves as an Internet company and never have. They have a solid core business which they are expanding onto the Internet. Agents will have dual systems - website and phones - to allow for maximum use of human resources. Costs have been contained. The 4th quarter will beat First London's estimates. We are seeing quarter on quarter increased net revenues. And you're right. These guys are not high tech dreamers who haven't got a clue how to turn a profit. These are businessmen with immense experience in the ticketing industry and great contacts in investment banking. They are about to revolutionize the Internet Travel Sector. Of course if you're a trader rather than an investor than I can understand your problems - but I don't think management is very interested in "trader relations".

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