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Technology Stocks : Navigant International (FLYR) -- Ignore unavailable to you. Want to Upgrade?


To: M. Frank Greiffenstein who wrote (662)7/18/1999 4:45:00 PM
From: Guy Gadois  Read Replies (1) | Respond to of 725
 
Chart on FLYR looks strong even without Amazon. Just give stock a chance to build its own momentum.

jon



To: M. Frank Greiffenstein who wrote (662)7/18/1999 7:26:00 PM
From: Rob S.  Respond to of 725
 
Frank, I did not suggest that Amazon would buy FLYR but that it made sense for them to buy into spin-off. The reason why this makes sense is because the name of the game in getting more than $5 per ticket sold online is providing a higher level of service than is found at the start-up Internet travel agencies. None of the pure Internet agencies is making any money and all are operating on razor thin margins. This has precedent - Amazon recently bought into a antique and collectables auction spin-off.

As I posted, this is just my speculation and I gave no indication that it was anything else. I have been told, as was confirmed by the recent news article, that the company has been talking to major web portals and partners. The company would not disclose who they are talking to so who knows? Maybe it is unlikely but crazier things have happened.