IFLY - travel sales on the web pure play Message Board

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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 8:11:00 PM
From: Grant Lu	Read Replies (2) of 4761

I think that the disappointing performance of IFLY is not due to criminal activities or warrants, but to excessive hype and expectations before the news release (of the new web site). Ideally, what you are looking for is a stock which is not being followed (few message boards on the stock and few messages), but significant news has just come out or is about to come out. In the case of IFLY, I think that the tip-off was that there were 20,000 messages on the Yahoo board; obviously, a lot of people knew about IFLY and were anticipating a big move.

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