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

To: Sergio H who wrote (3432)	1/3/1999 12:39:00 PM
From: Sir Auric Goldfinger	Read Replies (4) \| Respond to of 4761

So let me get this straight, Serge: You "don't normally look into management's background as a part of your DD" (paraphrasing perhaps a bit). And exactly where do you get off doing that? I mean, forget putting .com after ones name (oh that's right, the Company didn't say it, BUT you sure did), the number one rule that portfolio managers with talent (and you are/have neither) have is: Is management trustable and can they execute? And you've thrown both of these things out the window with one blasé comment, that the (self-ordained) "Three Amigos" have "made %100 since recommending the stock." Rule #2, baby: Don't confuse brains with a bull market. You're in bed with crims and you don't know it/don't care (at the peril of the sheep that have followed your dung). One more time slowly: do what real "investors" do: get a copy of the S1 (that's a Red Herring AKA initial public offering registration document) and read it. And for the Nth time (where n is >3) I don't care if you read it on line ("come out tomorrow on EDGAR") IT'S ALLREADY OUT- IT comes out whenever a company (other than a 504) does an IPO. Admit to yourself and other that you owe anyone who you got into this stock the minimal commitment of reading the registration statement. So, MR Know it all, read the frickin thing. Especially the "management" section. Then go back to the Business Week article and read it. Note that a very small firm "Euro-Atlantic" is/was a mob firm. One of "management "at IFLY was a very senior person at EA. Note also that another of management had been disbarred for two year for tax evasion. No big deal, you mutter? Guess what Jr.? When a guy gets tagged with that, it usually means that the Government had more on him but did not want to spend taxpayer money proving it. Remember Al Capone? Remember John Gotti? Get the frickin drift? Further, when a guy cheats on his taxes, do you really trust the Qs and Ks that his company files? There's really only two things left in your "analysis" and they are: 1) there's a small float and 2)A press announcement/PR campaign looms. Guess what? These are hardly reasons to "publish a research report". You have induced others to come along for your foolish and reckless game. Hopefully, they will have a chance to get out before there is too much damage. I'll let you tout the living eff out of this thing (and completely shoot your wad). And muster all of the Yahooligan weak brained help that you can get. Because there is a warrant exercise denial trade coming up here and the Street has clearly lined up for it. See you on the bid Monday?