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


To: Andrew H who wrote (330)4/13/1998 8:42:00 PM
From: Secret_Agent_Man  Read Replies (1) | Respond to of 4761
 
REPRINT of Briefing.com's story, thursday 4-9-98 a MUST READ!
As we noted on In Play, with the stock
trading at just 5.45 times trailing sales (now 7.76).

IFLY is by far one of the cheapest Internet plays in its category.

For example, shares of another recent high-flying IPO, Preview Travel (PTVL 33 7/8 +1 3/4), carry a Price/Sales multiple of approximately 37
(without giving consideration to planned offering of new shares, stock carries P/S of 29).

So, with the announcement of the Internet move, all of sudden you have a stock that trades at an 85% discount to its closest-competitor, a competitor whose revenue growth lags IFLY's by approximately 90%.

Byron