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Strategies & Market Trends : Three Amigos Stock Thread

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To: Alex MG who wrote (11975)12/29/1998 10:11:00 PM
From: Amigo Mike  Read Replies (3) of 29382
 
I do not dispute that FLYR will likely go up tomorrow on the PR. It's being spammed all over the place.

I am just trying to show people on the thread here that the information being posted regarding FLYR is incomplete. "trading below book value of $~9" ...... I see no mention there is $136+ million listed as "INTANGIBLE ASSETS" on FLYR's balance sheet. That shaves off a quick $6. I also see no mention of restructuring coming soon that is likely to result in a charge of ~$5 million. FLYR has had these websites all along during the internet frenzy. Why hasn't it been recognized til now ????

As today's press release states ..... "we have been inundated with calls about our web presence". Classic ..... the PR really means nothing ... it was prompted by shareholders (daytraders) calling and badgering them to say something about their websites.

I am just pointing out that persons who frequent this thread on a regular basis certainly enjoy a quick trade ..... I am all for it ..... but they also enjoy getting all sides of the story. After all, that is a main focus of this thread.

Amigo Mike
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