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

To: M.R. Davis who wrote (2983)	12/29/1998 11:37:00 PM
From: blankmind	Read Replies (1) \| Respond to of 4761

- Mr. Davis - at $5, I said that IFLY was seriously undervalued. And I stated my reasons. My #1 reason was the impending internet release. - At $16, I said to be careful. There's been no internet release. - I also looked a little more closely at the numbers. The profits, although super-slim, are somewhat illusory; in that certain expenses were put off for future periods by capitalizing them. And it's going to be interesting to see what happens when the year-end audit is done. - Please note that I never told anyone to dump shares en masse. Just to be careful.