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Technology Stocks : Preview Travel (PTVL) ---- Via...Excite & AOL -- Ignore unavailable to you. Want to Upgrade?


To: Norrin Radd who wrote (450)1/11/1999 4:24:00 PM
From: neverenough  Respond to of 728
 

PTVL: SITE ENHANCEMENTS DRIVING ROBUST TRENDS, REITERATE BUY. January 11, 1999
SYMBOL(S): PTVL
ANALYST(S): BENJAMIN, KEITH;LEVITAN, LAUREN;BARNES, CRISTY;GRAHAM, MICHAEL

RATING: BUY
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Synopsis:

The following synopsis is qualified in its entirety by the more detailed information contained in the full research report, including the discussion of certain risks associated with an investment in this security contained in "Investment Risks."

Research dated prior to September 1, 1998 was prepared by an entity that was acquired by BancBoston Robertson Stephens Inc.

We believe Preview Travel's post-Christmas business trends have been robust

Richer offering and enhanced site should lead to improved look-to-book as early as Q1.

Advertising trends remain strong with additional inventory expected during Q1.

Q4 results expected to be mixed; yet we expect encouraging updates regarding look-to-book data and overall business trend.

We continue to recommend purchase of Preview Travel shares in advance of what we expect to be positive news about the company's future prospects.




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