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

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To: Ken Wesley who wrote (2854)12/24/1998 1:55:00 AM
From: ilh1  Read Replies (2) of 4761
 
The Yahoo Post by someone that visited IFLY Headquarters:

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Yahoo
by: floridapowerman
17662 of 17718

I'm new here and have read some of your posts. I feel like I owe it to Mark Mastrinia COO to make this post. This is the story.

After reading some of your posts i decided to go to IFLY headquarters since I live in ST. PETERSBURG. Their I met Mark the COO of IFLY we talked for maybe for a long time.

Mark says the web site will be up before year end.

IFLY will be offering other things on their web site such as cruises and travel packages. He is very excited about the new IRIS. Mark said it will be like no other site. It will offer 3D PICTURES of cabins on cruises. Their will also be other items and has more items he has planned for the site in the future.

IFLY is focused on making profit. PTVL and Travolocity are spending millions on getting hits off the internet and only 1 out of every 45-70 are ending in sales. This is why they are losing money. Mark says he has a plan to be profitable. The site will be released by year end and off course there still will be some bugs he said. Mark stated that when the site will be released there will be an enourmous amount of people logging in so dont expect perfection at first. But all the bugs will be worked out as fast as possible and ready to go. I also got a tour of the place and seen well over a 100 computers and a new section built for the new capacity that will be needed.

As for why there have been no news releases is because IFLY is not worried about the short term price of the stock. Mark says when a news release comes out the shorts come in and this is not IFLYs strategy. IFLY will be based on facts and profitability not by day traders.
There will be many that the cruise ship part of the business will be a big part of the business. I got to meet several officers of IFLY and they are all long the stock and have not sold yet and could have easily sold out at 10 but are in it for the long term. They all stated that the new site will blow your mind out.

As for Jerry he is on vaction and will be back on Monday. My feeling after this long conversation is that the site will be released next week and the bugs will be worked out. There will be many things in the future that will be added to the site. As for the warrants Mark said they do not know when they will be called but plans for expansion for IFLY have been set and alternative plans have also been set. Everyone there is positive and long term. Hope this will help those of you who have any questions if you have more please post them

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