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Technology Stocks : IFLY - travel sales on the web pure play
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To: blankmind who wrote (4274)2/13/1999 9:27:00 PM
From: Paul Motter  Read Replies (2) of 4761
 
- do you think IFLY will report profits for the 4Q98?
- and do you know the date of earnings release?

A friend of mine at the Fool tells me he expects IFLY to see at least .04 in Q498, with no possibility of a disappointment on the downside but a possibility on the upside. That's double last quarter. He said he believes major announcements of strategic alliances are forthcoming. Earnings should be announced second half of Feb.

I'm only repeating what he said to me and I can't verify the information. He has been following the company since last summer. This is the type of post that borders on "hype" and I don't want to be accused of that; I wasn't going to mention this except for the fact that you asked. This is a small stock and a small company and it doesn't take much to create a stir one way or the other. If you are thinking about investing in this company, be aware that everyone should do due diligence and is responsible for their own stock picks.

Once again, I am back because I am impressed with the service and because the stock is a bargain at its current level. I bought early last time (accumulated a bunch in the mid 6's) in anticipation of good news, and I am back again. I think we have finally shaken out all the weak hands, lost the daytraders and the shorts, volume has dried up to almost nothing. We are experiencing the doldrums a stock often sees before it starts moving according to its true fundamental value.

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