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

To: Platter who wrote (202)	4/9/1998 10:23:00 AM
From: Rock	Respond to of 728

Check this out people : Info on IFLY from the IPO: 800 Travel Systems, Inc. Description: 800 Travel Systems aims to find its customers the cheapest seats in the skies. Through its easy-to-remember toll-free numbers 1-800-LOW-AIR-FARE is one) the company's agents help budget travelers nail down the lowest available air fares, using the SABRE travel reservation system. 800 Travel Systems generates revenue from commissions on air travel arrangements; fees charged to customers; promotions with hotel, car rental, and leisure companies; and override commissions with Continental, TWA, United, Carnival, America West, America Trans Air, and Mexicana. Address: 4802 Gunn Hwy. Tampa, FL 33624 Phone: 813-908-0404 Fax: 813-908-0080 Web Site: lowairfare.com CEO: Mark D. Mastrini CFO: Jerrold B. Sendrow Fiscal Year End: December 1996 Sales ($ mil.): 3.2 1-Yr. Sales Change: 166.7% 1996 Income ($ mil.): (3.2) Employees: 184 Company type: Public Filing date: June 2, 1997 Date went public: January 15, 1998 Shares offered (mil.): 1.35 Post-offering shares (mil.): 7.693 Offering amt. ($ mil.): 6.8 Proposed offer price: $5.00 Actual offer price: $5.00 First day open: $5.47 First day close: $5.75 Ticker Symbol: IFLY Exchange: Nasdaq (SC) Underwriters: First London Securities Corporation *** Notes: - 1997 sales = 8.3 million, a 164% increase from 1996 sales. - 1996 sales = 3.2 million, a 166.7% increase from 1995 sales. Average growth of 165% in 2 years in a row!!! Company is about to break even in 1997. ================================================ Comparison with PTVL: PTVL: - 1997 sales: 13.6 million - 1997 losses: (8.06 million) - Share price: ~ $33.0 - Market cap: 389 million IFLY: - 1997 sales: 8.3 million - 1997 losses: (262,505) - Share price: ~ 5.0 - Market cap: 39.9 million

To: Platter who wrote (202)	4/9/1998 10:28:00 AM
From: Rock	Respond to of 728

And here is the News to Boot: Thursday April 9, 8:23 am Eastern Time Company Press Release SOURCE: 800 Travel Systems, Inc. 800 Travel Board Confirms Commitment to Internet and '800' Customer Service TAMPA, Fla., April 9 /PRNewswire/ -- 800 Travel Systems, Inc. (Nasdaq: IFLY - news) announced today that at its first meeting since the completion of its initial public offering, its Board of Directors confirmed the Company's commitment to its strategy of providing personal customer service through its ''800'' numbers and authorized management to develop an interactive travel reservation service over the internet to complement the Company's existing web page. 800 Travel Service is among the 100 largest independent travel agencies in the United States with 145 reservation agents at its Tampa, Florida, and San Diego, California facilities. At its meeting Tuesday, the Board directed Mark Mastrini, the Company's President, to engage an independent Human Resources expert to assist in the Company's efforts to increase the number of its reservation agents while improving the quality of its agents. The Board also directed Mr. Mastrini to improve the Company's internet reservation service to make it a more integral part of the Company's business. Mr. Mastrini commented that, ''800 Travel Systems remains committed to providing personal customer service through its 800 numbers and will seek to increase its revenues in the immediate future by adding to its staff of reservation agents. Nevertheless, I am gratified by the Board's confirmation of my belief that by combining the interactive capabilities of the internet with live agents the Company will be able to provide a superior service assuring itself a place in the travel reservation industry.'' 800 Travel Systems, which successfully completed its initial public offering in January 1998, provides low-priced airline tickets for domestic and international travel through its easy to remember toll free numbers, ''1-800-Low-AirFare,'' 1-800-569-2473, and ''1-800-Fly-4-Less,'' 1-800-359-4537. SOURCE: 800 Travel Systems, Inc.