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

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To: blankmind who wrote (2996)12/30/1998 2:19:00 AM
From: StaggerLee  Read Replies (2) of 4761
 
I don't know why people expect the stock to move on a web site press release. It's NO SURPRISE that it's coming. This isn't K-TEL! This web site is arguably the most over-hyped site of all time, with over 20,000 internet postings anticipating it!

Secondly, if IFLY wants traffic, you can forget about being profitable for the next three years or so. There's too much competition among travel retailers already. Even if IFLY spent all of its revenues on advertising, I think they'd have a hard time competing with travelocity.com or the microsoft travel site. I have serious questions about adequate capitalization here.

I'm out of the warrants at $7. Shrug. On to the the next momentum play. Good luck to everyone.
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