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


To: Sir Auric Goldfinger who wrote (3849)1/10/1999 3:30:00 PM
From: Sergio H  Read Replies (1) | Respond to of 4761
 
Wow, we're impressed that you read Barron's. Now if you could get some comprehension skills going, you'd be a natural.

Ok, I'll try to explain it to you...I'll go slowly. Here's the article, or the small portion of the article that you are citing:

<You've heard of those Internet services that hawk airline tickets on the Web, at supposedly cheaper prices? Well, Lufthansa has decided to join 'em, launching a "live" Internet auction of air tickets to three Asian cities: Singapore, Bangkok and Kuala Lumpur, for those with a hankering to visit. Lufthansa's site: www.lufthansa.com.sg.>

Lufthansa isn't the first airline to offer internet tickes on the web. They may be the latest. Any savvy ticket shopper would know that Lufthansa isn't going to offer the competition's tickets. Lufthansa is just trying to not lose market share from their regular customers. Price shoppers, on the other hand prefer to go to one site, rather than to Lufthansa's site and then the competition. That's where IFLY gets its customers from.

A better argument from you would be to bring up the Sabre system that
IFLY depends on. That's the heart of IFLY. Take a look at TRAVELOCITY. Study the developments and understand what has happened and what the potential developments are. I'll be here if you have something that you don't understand or have questions. No problem.

By the way, Tavelocity's symbol is TSG. Here's a recent news release form TSG. Try to comprehend not only what the news release is saying but about how it applies to IFLY, present and future.

<The SABRE Group Hits $8 Million in Weekly Online Travel Sales for Travelocity.com
PR Newswire - December 16, 1998 08:20

FORT WORTH, Texas, Dec. 16 /PRNewswire/ -- The SABRE Group (NYSE: TSG) today announced that Travelocity.com (www.travelocity.com) recorded more than $8 million in sales for the week ending December 4, just one week after the company reported their Thanksgiving week sales had more than tripled from the prior year.

"Travel is very important to consumers this time of year," said Terry Jones, chief information officer of The SABRE Group. "With more than 43 percent of computer users predicted to shop online this holiday season, Travelocity has been able to capitalize on the tremendous growth of electronic commerce and take advantage of consumers' acceptance of purchasing products and services online."

In addition to holiday travel, other factors contributing to this sales growth include a recent site redesign, which streamlined the booking process reducing the number of clicks and time it takes to purchase an airline ticket and Travelocity's Shop Safe Guarantee, an added assurance against unauthorized credit card usage. >