Virgin Express (VIRGY) Richard Branson's European Airline Message Board

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Non-Tech : Virgin Express (VIRGY) Richard Branson's European Airline

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To: Mike Fox who wrote (1)	3/3/1999 11:42:00 AM
From: AC Flyer	of 62

VIRGY oversold.... ....at 9 1/4. Now trading at 28.45 Euro/IDS in Brussels, up strongly from yesterday's close, equivalent to $10.34/ADS. 4Q98 earnings now about 3 weeks away. Will surprise on the upside. Recently announced stock buyback will reduce float by about 10% this year. VIRGY will form a new base at the $10 to $11 dollar level before moving up again sharply in July. Year-end target $18 - $20.

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