SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: davep who wrote (14265)9/9/1998 12:59:00 PM
From: simarx  Respond to of 120523
 
No news was out this morning. The company has a very low float and its fundamentals are stronger than many of the "Internet" companies that tried to ride the "Internet Craze." The difference with IFLY is that they have a strong, growing core business and do not over-hype their stock. Look at their summer news releases.

The huge volume in the spring was when they announced their new Internet Strategy, and now they are close to releasing the first pilot. In the past they used the "end of summer" for the pilot launch and end of year for the full roll-out. In the meantime, they have turned a profit and continue their phenominal top-line growth. An analysis of the financial statement indicates that the company has no reason to dilute themselves, with much of the Outstanding stock restricted for the coming two years as this is a recent IPO.

In my analysis, this is a high growth company with positive cash flow that is entering a very hot sector. As you witnessed today, it doesn't take much to move the price, though the stock is widely distributed, many of the owners seem to be holding and looking for the long-term return.