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Technology Stocks : Preview Travel (PTVL) ---- Via...Excite & AOL -- Ignore unavailable to you. Want to Upgrade?


To: Tom Hua who wrote (191)4/4/1998 10:27:00 AM
From: TLindt  Read Replies (1) | Respond to of 728
 
Tom I feel this has gotten way, way ahead of itself...sure it is the only 'pure play' out there for internet travel. But profits are a long way out, insiders are going to take them now. Tells me a bunch.

It will be a good long term investment no doubt, and it wasn't a bad short term one either if you bought and held since I started the thread ~400%.

If I were still in which I am not...I'd be playing follow the leader with the guys who are taking their money now....unless I'm missing something here. If this gets crushed back to the teens I would look at it again.

But I don't want any now. Again IMHO....but I felt obligated because I started this thread.



To: Tom Hua who wrote (191)4/7/1998 12:21:00 PM
From: Doug Shapiro  Read Replies (1) | Respond to of 728
 
PTVL according to its annual report had losses equal to 74% of revenue in 1997 with a warning that revenues from TV sales will be less than last year.

Revenue: 13.6 million

loss 1997: 10 million

This company is more and more dependent on online revenue which require payments to AOL of ~10 million per year for the privilage of AOl carrying their service. If they get dumped by AOL for whatever reason they are history.

The company is depending on the excitement of " internet commerce"
to allow them to sell shares to the uninformed public so they can pay their bills. Meanwhile as Tom Hua mentioned the commissions received from airlines etc. is shrinking and the competition is expanding. All the airlines are online themselves now and sites like Travelocity are popping up everyday.

I am wondering if the risk inherent in this stock is worth taking after a gain of 300% in 100 days.

Do your home work read the fine print in the SEC filings. It is in the cards already, this stock is doomed to crater.

Doug