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Technology Stocks : BLUEFLY.COM(BFLY) -- Ignore unavailable to you. Want to Upgrade?

To: Joe Casey who wrote (295)	2/25/1999 1:01:00 AM
From: Joe Casey	Read Replies (1) \| Respond to of 487

Bluefly is the cheapest pure play I-net stock out there, if you measure its value based on future potential. Bluefly so far owns its niche; no major player offers closeout prices on leading designer brands. Also: T.J. Maxx and Marshalls units sold $18.5 billion worth of goods in 1997, while factory outlet stores sold $8.3 billion worth of apparel and accessories. Jupiter Communications expects online apparel sales to rise from $330 million in 1998 to $2.8 billion in 2002. So, given Bluefly's current position and alliances with portals, how much is it worth? Taking a 'Steve Harmon' type approach, I would fathom to guess a heck of a lot more than 12 and change. I'm anxious to see BFLY back in the 20's. It can happen any day. Witness the angst on the Yahoo boards when it was at 9+....next thing you know the stock is back at 15+ intraday.