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

To: Kimberly Lee who wrote (3810)	1/9/1999 1:42:00 PM
From: simarx	Read Replies (1) \| Respond to of 4761

IFLY was a big winner and will continue to be for Internet investors. Many of us have been investing since the 3's and 4's, so we are looking at a 100% gain right now and depending on how we managed our accounts, up to 400% when it did the initial run to 16+. Profit taking and the first set of IPO restricted stock coming for sale no doubt has caused us to settle down. But, overall it is a very good return on investment. Whenever you buy a stock that has made a large gain, I wouldn't advise buying all at once during the run. For example, If you wanted to buy $10,000 worth. Buy 25% outright and watch the trading during the day and or week, look for an entry point for the next 25%, and so on. That way your position reflects that average trading price over a longer period of time than just one trade can get you. If the stock continues to run, then you made a profit without risking the entire position. If it comes down, then you can start reducing your overall cost. If the story does not pan out and things change, then you minimized your exposure. Too many times investors get caught in the short-term momentum. A long-term investment strategy works well with momentum stocks as well. This strategy has paid off not only with IFLY, but also with CDSC a stock I have been following since the summer. I started investing in the 6's, it went to 7's and then it ranged within 3 1/2 and 5 since then. Recently it went to 9+ on its Internet initiative. Now it is settling in the 6's with its Internet products coming to fruition this quarter. The point being made that a long-term strategy allows an investor to survive the vagaries of the market, while still allowing him to trade with good percentage gains as he manages his long-term position. IFLY is doing very well for those who have and continue to follow it.

To: Kimberly Lee who wrote (3810)	1/10/1999 2:21:00 PM
From: Sergio H	Read Replies (1) \| Respond to of 4761

<Max is no one's pawn. He has his own keen, independent mind. Take notice that he picked PROG before CNBC and the rest of us catch on; he warned about IFLY and MSON just before the fall -- these are just 3 of many instances in which he has demonstrated his faculty for analytical acumen. > Max played IFLY twice and sold the stock both times for a loss. He is an independent herd follower. PROG as Max's pick.....LOL MSON, I haven't been following and can't comment on it. I am not familiar with Max's analytical acumen. I do know that Max has been attacking the Amigos and when he does attack he gets put in his place. He's been proven wrong on each occasion, but has failed to apologize when the truth is revealed. He just moves on like a falling leaf from a tree blowing aimlessly from a tree. Regards, Sergio