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

To: JeffA who wrote (3427)	1/3/1999 1:38:00 AM
From: M.R. Davis	Respond to of 4761

Great post on Yahoo - couldn't have put it better myself! post.messages.yahoo.com@m2.yahoo.com ++++++++++++++++++++++++++++++ by: _The_Peach_ (25/M/Sacramento, CA) "- Their announcement should have said "look here, we have a web site; we can't actually field many orders, but we have a web site." Isn't that exactly what the news release said? So far Peach still can't figure out what it is that the bears see as the greatest liabilities. Speaking in reference to First London IPO's is like looking back at Smith Barney's highs and lows to see how Pasquale would perform. Had First London been the underwriter for AMZN, EBAY, or XCIT it would no more speak to an upside guarantee for IFLY then if they had been the underwriters for SYQT or PPI. Point here is that First London doesn't operate 800 Travel Services business. No one on this thread or any other thread has suggested that there is an ongoing investigation into anyone on IFLY's board or management. If you believe there is and have something to suggest such, great let's see it. Either 800 Travel is going to continue to generate increased revenues from their 800 busines or they are not. Either 800 Travel's website will be able to handle increased site traffic down the line with an increasing agent pool or they will not. And finally, either 800 Travel (assuming that they can meet the demand down the line) will either be able to attract people to their site or not. That is what will drive whether consumers go to their innovative and friendly to use service. Mary Jo Smith of Nebraska or Billy Bob Hamilton of Louisiana (I just pulled these names out of thin air) are not going to look up the track record of First London IPO's before they buy an airline ticket. And "the street" is going to assess whether IFLY is a legitimate Internet play by whether they believe that IFLY will be able to grow into a player in the marketplace. If investors don't believe so then we won't be around down the line to be the next high-flier like an EBAY or AMZN. If investors believe IFLY can stake out a strong presence then we will. But this has gotten absolutely ridiculous that in the process of reading SEC filings we are all trying to justify whether there are any potential liabilities... they are there. We know many of them. And it will be far more significant if the company cannot make strategic alliances with airlines and other ticket providers (airline or otherwise down the line) and whether commissions fall, and whether IFLY can ever have the agents to meet the demand without overhead being too high rather than if: "so and so worked for this company that had an employee that at one point in time worked for another company that knew someone who was related to someone who worked for a company where some of the people were no good" Which seems to be where the focus of discussions have shifted. IFLY is at a higher price then the other First London IPO's. Does that mean the next First London IPO can expect to have a runnup more than double the original offering price if that price is $5??? No way. It will depend on what the company does, how they do it, how the marketplace responds, and what are the environmental factors at the time. Right now the environmental factors are if your stock has .com and you are a real business with real revenues, you are the darling of the market. Because you are staking a claim to what is anticipated to be the biggest revolution in our nation's economic history. Either 800 Travel's business plan and implementation will work or it won't. But some on these message threads who actually think that longs who have been holding for many many many months keeping abreast of the development of the www.lowairfare.com site are not going to be selling into the market Monday morning, as tens of thousands of investors and traders who currently do not have positions rush to get one so that they don't miss the next Internet wave. What happens after that is up to Mark Mastrini. Not First London, not Auric Goldfinger, and not the Peach. Happy New Year All! Peach ++++++++++++++++++++++++++++===== Well stated Peach