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Technology Stocks : BLUEFLY.COM(BFLY)

BFLY 3.670

-6.6%

Feb 4 3:59 PM EST

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To: Joe Casey who wrote (283)	2/23/1999 11:29:00 PM
From: Joe Casey	Read Replies (4) of 487

Red Herring recommends and is bullish on BFLY: "Hold your fire, but we believe that Bluefly (BFLY), an online outlet mall that sells designer clothing and has virtually no revenues, could be the next breakout stock in the Internet space. We realize that such an early-stage company -- it was just reinvented six months ago from a bricks-and-mortar golf apparel company -- might be a bit of a stretch to buy into. But a market cap of just $40 million for a pure play e-commerce company with alliances across all the major portals, a dynamite management team, and a relatively untapped online retail category is downright cheap. Bluefly could really be buzzing by the end of the year. " The next breakout stock? Does that imply a price target of $100 or $200? 8-) 2/5/99 (repost)

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