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

To: simarx who wrote (3332)	1/2/1999 4:58:00 PM
From: blankmind	Read Replies (1) \| Respond to of 4761

Mr. Marx - on Fed Ex charges, please see IFLY's Q398 financials. - in fact, this is so impt. b/c if IFLY's IRIS prints off e-tickets, and there's no fed ex charges, then IFLY is in trouble - more trouble than you can imagine. - Per financials - 9 months ending 9/30/98: Ticket delivery & service revenues - $2,657,72 Ticket delivery expenses - $808,808 - Now, go to the 10K, and for fed ex charges, you'll see it says, "The Company also earns a $5 shipping and handling fee (net of expenses) for delivering tickets to its customers." - Question: what happens to IFLY's miniscule profits if IRIS eliminates the $5 ticket profit?