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


To: Stuart Schreiber who wrote (465)4/15/1998 10:52:00 AM
From: Citidude  Respond to of 4761
 
Stuart, please read your private messages. (eom)



To: Stuart Schreiber who wrote (465)4/15/1998 11:28:00 AM
From: Charles T. Russell  Read Replies (4) | Respond to of 4761
 
IFLY - will correct deeply like leap. Look for 2.5 -3.00.

IFLYW - will correct like LEAP. With the momentum gone and cooler heads prevailing look for 7/8 - 1.25 as a buy.

Remember. IFLY is not a real internet play yet. A banner page on their website just doesn't qualify. In order to add value they have to build self service components on their site. Functions like:

1. Search for Flights
2. Book Flights and Ticketing
3. Accommodations, Rentals etc.,
4. Banner adds
5. Integrate with back end business processes...
6. Partnerships with search engines...

Sounds like SABRE for the web...

I could go on... but if they are starting from scratch and using available technologies I wouldn't look for a fully functioning web site until well past the summer travel season. This is just the time it takes to build, test, train and deploy.

When this happens, you've got an internet play. Until then this stock has just been hyped. Great sector to be in, but not until the fall.

Remember, Amazon.com and CDNOW weren't built with press releases.

Buyer's beware.

BTW, I held it and sold it (both IFLY and IFLYW) and I am NOT short.