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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: DM who wrote (20526)12/28/1998 10:14:00 AM
From: Jenna  Read Replies (3) | Respond to of 120523
 
IFLY..GEND.. IFLY this is what got me 'hot' on this stock. 1998-1999 % growth 400.0% estimated growth for 1998-1999..

I like them for the long haul. If you are a member look at today's newsletter and the group affiliated with GEND.. A handful of good ones there. IFLY 10/16/98 800 Travel Systems: First London Securities Initiates Coverage with a Buy Rating.. very bullish on this company.. we've mentioned it before on the thread and since it's earnings came out late October, up over 58% today.

Monday October 26, 11:45 am Eastern Time

SOURCE: 800 Travel Systems, Inc.
800 Travel Systems Reports Record Third Quarter Revenues And Earnings
53% Revenue Increase, 103% Net Income Increase over Comparable 1997 Periods
TAMPA, Fla., Oct. 26 /PRNewswire/ -- 800 Travel Systems, Inc. (Nasdaq: IFLY - news) today reported revenues totaling $3,504,093 for the third quarter ended Sept.30, 1998, an increase of $1,209,328 representing a 53% increase over revenues reported in the comparable period of the previous year. Net income for the quarter was $199,341 or $.03 per share diluted representing a 103% increase over net income of $98,305 or $.02 per share diluted for the comparable period in the previous year.

800 Travel Systems also announced that revenues and earnings increased $2,562,995 and $195,032 respectively in the first three quarters of 1998 over the first three quarters of 1997.

''Our financial results for the third quarter reflect our commitment to efficiency as we continue to manage the growth of our core reservation business,'' said Mark D. Mastrini President and CEO, 800 Travel. ''Our potential for further growth is exciting as we prepare to step up our marketing efforts and open our doors to Internet clients.''