Preview Travel (PTVL) ---- Via...Excite & AOL Message Board

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Technology Stocks : Preview Travel (PTVL) ---- Via...Excite & AOL

PTVL 1.390

0.0%

Jan 21 4:00 PM EST

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To: chirodoc who wrote (510)	2/21/1999 1:52:00 AM
From: neverenough	Read Replies (2) of 728

From the Bull Market Report, $$$$$ PREVIEW TRAVEL – AN UPDATE Preview Travel (PTVL) has been an interesting stock to watch. We added it to our list at $19 in November with a $35 price target and saw it spike to $30 within a few days. Then it fell back to the $20 area, spiked to $32, fell back to $20 and then hit $35 in early February. We're long term investors so we didn't take our profits. We like the firm and think they are going to be powerful leaders in the new online travel business and we want to be long term owners. Why? Here are few excerpts from Jupiter Communications new study: Travel Industry Opportunity - The Internet Will Consume Market Share: Total online revenues for consumer and non-managed business travel were estimated at $2.1 billion in 1998, more than double the 1997 total. By the end of the year 2000, $5.9 billion in online travel revenue will be generated, growing to $11.7 billion by the end of 2002. By 2002, Jupiter expects that revenues from airline tickets booked online will represent approximately 8.4% of the total airline market. Revenues from online hotel reservations were $91 million in 1997, and are projected to reach $2.6 billion in 2002. Source: 1998 Jupiter Communications/Online Travel: Five Year Outlook The company has lined up a number of partnerships in the Portal area. Preview Travel has exclusive or premier positioning on Portals like AOL, YAHOO, EXCITE, USA Today and SNAP and have developed a site with great content and functionality. From Travel Reservations to Fodor's Destination Guides, Preview Travel understands the buying habits of online consumers. For the WHOLE story: microcap1000.com

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