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

To: ilh1 who wrote (2965)	12/29/1998 10:19:00 AM
From: M.R. Davis	Read Replies (1) \| Respond to of 4761

<But how confident are investors that the site will actually be up in a time that will be beneficial to investors?> Errr..... do you mean beneficial to investors or traders? I can assure you that IFLY management isn't the slightest bit concerned about traders! In this latest rally many people have bought the stock and have sold, however many also will hold because they believe in the company and the impact of IRIS (the interactive website). With this dip many more are accumulating - I think we'll see even more upward volatility when the news comes.... Personally I think today or tomorrow.

To: ilh1 who wrote (2965)	12/29/1998 10:37:00 AM
From: M.R. Davis	Respond to of 4761

With a small float stock like this you need to develop nerves of steel because there will always be incredible volatility. Keep holding and holding. Make a game plan of when you intend to sell and hold to it. A lot of people are being shaken out right now. Market makers are probably trying to accumulate so they don't get caught short with the next rally. Don't put stop losses in your brokers online system - although the MMs can't see them - they know they are there and when the buying eases up will simply expand the spread and walk the price down rapidly and knock out your stops and then the price goes straight back up the market makers have another 100,000 shares to sell. Keep breathing and stay long.