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Technology Stocks : IFLY - travel sales on the web pure play -- Ignore unavailable to you. Want to Upgrade?

To: Ie Coan Bie who wrote (179)	4/11/1998 1:13:00 AM
From: C. Ken	Respond to of 4761

Due to limited supply (1.3M floating), this stock should be higher next week. If anyone paid attention to the trading pattern last two weeks, this stock was very volatile. It had been down over $1 or more, but it came back and went higher. So any setback in price would be the buying opportunity. A lot of professional traders had joined this game. INTERNET stocks are very HOT. Especially the trading volume was over 3M yesterday. Look at YHOO, RNWK, USWB, PTVL. I believe the warrant, IFLYW, would be trading higher next week. The time value 5/16 (1 1/32 - (6 31/32 - 6 1/4)) is bargain for 4 1/2 years long warrant. So, I expect IFLYW should be about $2 next week.