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

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To: manny t who wrote (3513)1/4/1999 8:34:00 AM
From: molemania  Read Replies (1) of 4761
 
manny - that's not the point. ifly is now selling at close to 100 times projected '99 earnings. take a look at ptvl's web site. it puts ifly's to shame. anyone with a few $$ can hire a few travel agents and a college computer science student to design an "interactive" web page in a month. believe me, the valuation here is extremely out of line. there are absolutely no barriers to entry in this field. if you really want to invest, flyr and ptvl are much better bets, but even they will have a tough go against yahoo, msft, etc.

dave
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