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

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To: italiana who wrote (3678)1/6/1999 6:02:00 PM
From: Sergio H  Read Replies (1) of 4761
 
Italiana, excellent post. You've been able to sort through the half ton of garbage posting and get at the facts. In short, IFLY's business plan is an excellent vehicle for the Co. to capitalize on the huge internet travel market.

In response to your question about what has happened to cause the sudden drop...again briefly stated......greed and fear. Everyone was anticipating the new web site. It's been no secret. The stock ran up in anticipation of the new web site news release and sold off after the news was released. Mis-information about the stock has been circulating and panic selling has combined with profit taking to make IFLY a shorter's dream. When the dust settles, IFLY will find new investors.

Amigo Sergio
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