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

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To: PHG who wrote (4272)2/15/1999 5:53:00 PM
From: PHG  Read Replies (1) of 4761
 
It's not my intention to provoke criticism from my comments. I have owned and sold the IFLY warrants twice before, first in April and than in December. Now I own some again. I like to think of myself as objective when it comes to evaluating services and equipment that I use. Just because I can make money on the stock isn't a good reason to be less objective on my personal feelings on the service IFLY provides. The IRIS isn't desirable to me. I compared it to my need of having total control over all the elements involved in booking. The back and forth communicating with the agent is undesirable to me. I have repeatedly used the traditional do it yourself Internet method and like it far better. I am comfortable with my ability to search and adjust to the information I see on the screen. For the people who travel frequently the considerations may be different than only the bottom dollar.

I want the company to do well so I can maximize my investment. But my investment practices have me harvest the hay when it becomes high enough. Than after, I don't hang around and watch it grow again. I return when it is again at a desirable level for further consideration. Ifly is just that type of investment. Not a rocket headed for orbit but a company that has something-new witch I believe will not achieve rapid sustainable growth.

The truth is no one knows what will happen in the future. I just will not allow myself to be mislead by wishful thinking when I already had a hands on experience. It wasn't flawed just not desirable.

Phil
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