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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (16537)8/24/1999 10:50:00 AM
From: M.R. Davis  Respond to of 29382
 
Amigos

Ashton Technology will launch it's VWAP alternative trading system on Friday......
techstocks.com
techstocks.com

News did not hit the wires yet... (at least not up on Yahoo)

Mark



To: Sergio H who wrote (16537)8/25/1999 9:45:00 AM
From: Sir Auric Goldfinger  Respond to of 29382
 
Surge: are the Ameboas still "covering" IFLY? What does their august analysis say about this? "CFO Resigns

biz.yahoo.com

Wednesday August 25, 7:30 am Eastern Time

Company Press Release

800 Travel Systems Announces Resignation of Jerrold P. Sendrow as Chief Financial Officer

TAMPA, Fla.--(BUSINESS WIRE)--Aug. 25, 1999--800 Travel Systems, Inc. (Nasdaq:IFLY - news) a
leading provider of a full range of travel related products and services announced Wednesday that Jerrold
P. Sendrow has resigned his position as Chief Financial Officer. Frank Zhao, Vice President and
Controller will serve in an interim capacity while the appointment of Mr. Sendrow's replacement is
concluded.

'Mr. Sendrow has done an excellent job of guiding the financial affairs of the company since our
inception in November of 1995.' Said Mark D. Mastrini, President and CEO of 800 Travel Systems. 'We
are pleased with his willingness to serve and wish him the very best in his future endeavors.'

Mr. Sendrow has served as the Company's Chief Financial Officer, Vice President-Finance, Treasurer,
and Secretary since the incorporation of the Company in November of 1995 and served as a director from
inception until July 1997.

About 800 Travel Systems

800 Travel Systems is a leading provider of a full range of travel related products and services in the
United States. We provide low-priced travel services through our easy to remember toll free numbers
'800-LOW-AIR-FARE' (800-569-2473) and '800-FLY-4-LESS' (800-359-4537) in addition to our on-line
reservation system located at lowairfare.com.

Forward-looking and cautionary statements:

This press release contains statements which may constitute forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities
Exchange Act of 1934, as amended. This press release may include forward-looking statements that do
not refer strictly to historical results or actions, which although believed to be reasonable, are inherently
uncertain and difficult to predict. Such statements are subject to certain risks and uncertainties inherent
in the Company's business and investors and prospective investors are cautioned that any such
forward-looking statements are not guarantees of future performance and involve risks and uncertainties
and that actual results may differ materially from those projected as a result of various factors. Those
factors, risks, and uncertainties include:

-- Competitive factor and/or pricing pressures;

-- The Company's relationships with various airlines;

The Company's ability to identify, acquire and integrate other technologies or acquired companies;
Changes in business conditions affecting the Company's financial position or results of operations which
significantly increase the Company's working capital needs;
Economic conditions impacting upon the success of the airline and industry generally;
Continued acceptance of the Company's products and services;
-- New products and technological changes;

General economic risks and uncertainties and other such risks as we may identify in this release or in
other published documents;
The inability of the Company to successfully utilize the 'live-agent' interaction to grow the Company, or
to positively impact revenues or margins;
The development and use of 'live-agent' interaction by competitors; and
The inability to effectively utilize 'live-agent' interaction on the website by a broader number of agents
and the ability to achieve the level of results experienced in early limited implementation;
and other factors as set forth from time to time in the Company's filings with the SEC including its
recently filed form 10-QSB. The Company undertakes no obligation to publicly update or revise the
forward-looking statements made in this press release to reflect events or circumstances after the date of
this press release or to reflect the occurrence of unanticipated events.

---------------------------------------------------------------------
Contact:

800 Travel Systems, Inc., Tampa
Investor Relations:
Jonathan Leibensperger, (877) IFLY-INFO
E-mail: ir@lowairfare.com
Website: www.lowairfare.com