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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (20484)12/27/1998 12:48:00 PM
From: Dale Baker  Respond to of 120523
 
Is IFLY moving on news or just momentum? I checked my trade logs for 1998 this weekend and remembered how profitable IFLYW was before.



To: Jenna who wrote (20484)12/27/1998 11:39:00 PM
From: r. c. cummings  Respond to of 120523
 
Jenna: Agree 100% re chart of IFLY and its prospects. However, I was busy playing other stocks last week and didn't get into IFLY at the close on Thurs. Question: how best to get in? Say screw it and buy shortly after it opens, wait for the 10 am dip, wait for the first big pullback after that? Or play a combo of all these strategies? How would you play it?



To: Jenna who wrote (20484)12/28/1998 12:20:00 AM
From: molemania  Read Replies (2) | Respond to of 120523
 
Jenna - How much more could IFLY "break out"? It was at 2 a few days ago and the online travel reservation business is extremely competitive. PTVL was selling at only 2 to 3 times IFLY's market cap a week or two ago (based on IFLY's price of 9) and they have about $6 book, $60 million in cash and portals or alliances with AOL and Excite. Do you mean it will break out because of the hysteria or do you figure the fundamentals actually justify a higher price?

Thanks
Dave