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


To: PHG who wrote (2842)12/22/1998 8:27:00 PM
From: Stephen  Read Replies (1) | Respond to of 4761
 
Phil - you maybe right .. but it will probably be okay in the end. Sad thing is, there were hundreds of places my 'dead' money could have been and earned something. I really feel the management has performed badly on the internet site and this could easily have been overcome by introducing a new 'division' concerned solely with this task. Sure ... it would have cost $500,000 ... but they could have recouped it by now and had a much larger customer base. They also need to go the 'web only route'. This would help address some of their staffing problems. Sadly, I guess they will continue with their net/telephone idea, and try and to keep current customers happy whilst maintaining the 'bricks & mortar' overhead. Its a bit like Barnes & Noble vs Amazon. Next time it goes up ... I'm going to sell and wish it well.

I think the management are good as far as traditional business principles are concerned, but out of touch.

Good luck all

Stephen