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

To: Paul Yang who wrote (946)	5/2/1998 12:56:00 PM
From: Prophet	Read Replies (1) \| Respond to of 4761

<< You see, for a momentum stock like IFL >> Paul, don't way too long! IFLY may not hit 7 again. I have been waiting for over a week now for IFLYW to go below 2 again so I can double my position. If investors take the next wave of announcements very positively, then it is very likely that the demand for the stock would shoot up the sky. The new wave of shorts would come into play later after the increase in place. As it is normally the case with new stocks, the price is likely to trend down a bit. However, IFLY is an internet stock, and internet stocks do not tend to take too many consecutive hits downward. Therefore, chances that the stock would go back to current or previous price levels is very unlikely to occur after the next price lift. Don't wait!!! Get in while you can so you don't have to regret it later on. I am doubling my position first thing Monday morning after the shorts are done with the day's selling.

To: Paul Yang who wrote (946)	5/2/1998 1:34:00 PM
From: David Cal	Read Replies (1) \| Respond to of 4761

True indeed about the short position. There is a great support at $ 8 for IFLY. This stock can anytime start going up again before or on May 15. The last time I waited for this stock to go down, it took off without me. LOL I'm glad I'm in this now, and start accumulate more shares on the dip. If you know this stock will be $ 25, what does a quarter saving mean anyway. Don't want to miss this wonderful boat. Long on IFLY