SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : IFLY - travel sales on the web pure play
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: simarx who wrote (3961)1/18/1999 7:35:00 PM
From: PHG  Read Replies (3) of 4761
 
Simarx,

I can't see anything even close to $40 this year, maybe next year if they have a bunch of wild cards hidden up their sleeve.

Their whole business foundation is based on the use of contracted use of software. For any reason what so ever it stops, they are out of business. This and a lot more were mentioned in the last report, should someone like to read it for them self.

This is not a stock with it's own foundation but one totally dependant on use of the Sabre reservation system with a relatively short contact. Their own report raises this issue repeatedly with expressed concerns as a warning to stockholders.

The theme of IFLY's cheap fares has merit in certain segments of purchases of airline tickets. But based on my recent use of their site and the lengthy conversation concerning their appeal or lack of appeal to the broad range of customers, I can find little to distract me from using the other major competitors that I have used in the past.

Disadvantages discovered by one recent phone call.

1) You must own a computer to use IRIS or its back to the telephone.
2) The wait on the phone line is too long; I don't wait in lines.
3) The cheap fares are last minute or red eye flights, not great for planning ahead or comfort.
4) They aren't doing business with Delta and US AIR.
5) The flat rate discounted ticket becomes more valuable with multiple ticket purchases, families and groups.
6) IRIS doesn't allow use without an IFLY attendant.
7) The IRIS software loads at 1/3 the speed of other travel software, very slow.
8) You can't use promotions, vouchers and coupons.
9) They can't use electronic ticketing.

These are just some reasons not to use IFLY. The 800 Travel System is the poor man's travel company. From a stockholders position, I realize my view is an unfavorable one. But I have made money on IFLY on run ups but it now has little support for its price and is risky as a hold. If a person isn't trading stocks like this one they can get trapped into becoming a long. Don't put your last dollar into it. If the market experiences a correction you could see the repeat of what happened just 2 months ago. Fair warning that's all.

An objective investor
Phil
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News