Dear Steve,
PTVL is one of your top 10 picks for 1999 for obvious reasons.
What's your personal take on LPHL - they recently bought 81% of leisureplanet.com - huge online agency in Europe, over 50,000+ hotels, largest hotel photo database, deals with Lycos Europe & Yahoo Europe, full service agency, member base of 200,000, growing at 5%/week, etc.
Best thing is their market cap is under $30 million.
Of course, it's a European net, and their valuations haven't caught on fire like the US nets. But just seems very undervalued compared to CTIX or PTVL. Even IFLY has a higher cap though IFLY's web presence is non-existant.
Wondering what you think of LPHL, and what you think of other European internets.
Thanks. |
