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To: Raju K who wrote (28)11/2/1999 6:48:00 PM
From: rosebud  Read Replies (1) | Respond to of 35
 
Both myself and my girlfriend went to interviews with this
company, me with the CFO, her with the founders. From
what we both took away- its basically a joke: a marketing
program administered over the internet, pretending to be a
company. The CFO told me that upwards of 60% of registered
users dont use this site after they register, and that the
major portals yahoo, excite, and major ecommerce cos
amazon, ebay, have either rejected them, or "not fully
embraced" the program. My feelings are -stay away, this
company's a joke and there's no way they can make it on
their own. It could be a buyout play-but why would anyone
have to pay 500m for something they could negotiate with
the airlines and build in-house themselves?

ps - nice ipo- it went DOWN on day 1.