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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 (1154)5/13/1998 6:22:00 PM
From: Bill Anderson  Respond to of 4761
 
Stephen,

My point to you is that with this stock you have the people who influence the direction of the market (as it relates to this stock) on your side. You just have to have a little patience. Remember 10+ 7 out of 10 days and they get to call their warrants (like doing a secondary offering without having to do the registration again). You can't get the stock to stick over 10 when everytime it moves up you have people with a cost basis of 5 and below rushing for the door. You watch when they start the next round of announcements they will bring out 3 or 4 in a row and get this thing to stick above 10. Four of the original investors (who with other related parties and clients control over 3 million shares)are stock wizards. There is also the Chairman of a NYSE traded company with a 200,000 + position in the stock, of which none has been sold.

Sleep easy.