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

To: Stephen who wrote (1099)	5/8/1998 6:31:00 PM
From: Bill Anderson	Read Replies (2) \| Respond to of 4761

Stephen, My tape shows that there was 6700 shares bought in a span of 2 minutes near the close after the ask was moved to 8 1/8. They are going to have to chase the weak stock out of here before the price is going to be able to close over 10. The last two times the stock has run up near that price there has been a lot of selling pressure. Remember that if they get a close above 10 for 7 out of 10 days they can call the warrants, which is the equivalent of doing a secondary without having all of the registration requirements. The company wants to get the stock there, the underwriter (First London) wants to get the stock there, we all want to get the stock there, so just wait and the stock will get there. They need to turn over the $5.00 stock so that it will stick when they hit $10.00 and they do that by running the stock up and down to flush out the day traders and weak hands. In the meanwhile sit back and enjoy the show.

To: Stephen who wrote (1099)	5/8/1998 6:36:00 PM
From: lazarre	Respond to of 4761

Toggling over to the IFLY board in Yahooland, a couple of their posters imparted some interestingly positive albeit anecdotel info on IFLY. Both had called IFLY's 800# and generally rec'd midling to decent results vis a vis competitors including Preview. Bottom line: one of the posters was quoted a substantially lower price for a ticket from IFLY than either Preview or the actual airline itself. Again, this is anecdotel but the tenor of the posts, IMO, did not smack of hypstermania. Lazarre