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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (5371)	4/8/1998 6:39:00 PM
From: Rock	Respond to of 34592

Here is the whole story: 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