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


To: LTK007 who wrote (3416)1/2/1999 10:50:00 PM
From: molemania  Read Replies (1) | Respond to of 4761
 
This is pretty insane. I have to admit that I have a measley 300 shares of IFLYW, but what ever happened to buy on the rumor and sell on the fact? If this is such a big PR and the stock has such a small float and it has been hyped all over the web for weeks and mentioned on CNBC more than a couple of times, why was the stock trading at just 12 to 13 a few days before the site came online. Becaue that's the most it is worth WITH the online site in action. As someone stated here, anyone who called the company was told that it would be out before the end of the year. If this thing pops on Monday I'll take it, but I can't believe the market is that inefficient. Plus, we are not talking genetic engineering or semicoductor capital equipment where there are technical and capital barriers to entry. If IFLY's model proves successful anyone else can emulate it in very little time. And companies with deeper pockets like PTVL and even FLYR will have a distinct advantage. FLYR and IFLY are at roughly the same market cap as of the close Friday. Go to the Yahoo profile for both and decide which is a better value. I retained 300 shares just in case the internet foolishness still existed and it obviously does. I am selling at the open on Monday and I feel bad for all those who will buy the opening gap. Haven't we been through this over and over in the last 2 months? I guess a lot of folks have $$ to huck down the toilet.

Dave