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


To: David Cal who wrote (1044)5/6/1998 8:05:00 PM
From: Citidude  Read Replies (2) | Respond to of 4761
 
Hey Everybody!!!!!!!! Some GRRRRREAT NEWS!!!!!!!!

Tomorrow, Thursday May 7, on the Nightly Business Report (comes on in Chicago here on a PBS station at 5:30 CST), they announced that their guest will be a person who is in an on-line travel service industry executive. They said they'll be discussing the travel industry on the net and they mentioned SABRE also.

Could be the break we're waiting for!!!!!!

Chris



To: David Cal who wrote (1044)5/7/1998 4:44:00 PM
From: LAWRENCE C.  Respond to of 4761
 
Yes, I think the article could be a factor in why big chunks of shares were being sold off. People were reevaluating the prospects of IFLY in light of these considerations and the potential reaction to this article.
First stockholders want internet transactions to be profitable. So commission levels affect the profitabilty and breakeven points. If profit per internet transaction is extremely low and competition is intense, potential stockholders may take a more conservative valuation.
And the speculators will jump on something like KTEL that offers more potential gain/loss. From my understanding KTEL has specific music which it owns marketing rights to. So you don't have a niche market without competition for at least part of their product offerings. It attracts a lot of momentum players because it can swing up and down quickly.
Lucky Lawrence