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

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To: blankmind who wrote (2969)12/29/1998 2:33:00 PM
From: simarx  Read Replies (1) of 4761
 
Blankmind, Your statements are misleading. The profits are significant and the restricted stock coming for sale will be easily absorbed with the current liquidity. In addition, "mis-repersentation" is too general, you need to be more specific.

As far as the restricted shares, smart money has them already out by shorting ahead of the release date and covering when their stock becomes available. With the amount of volume from yesterday and today, I would expect that much of the shares have alreayd been absorbed.

Still very bullish on IFLY.
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