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

To: M.R. Davis who wrote (4331)	3/16/1999 11:54:00 AM
From: IFLYer	Read Replies (3) \| Respond to of 4761

Key Statements from earnings release: "The power of the Internet evidenced by the hits we received in the first month behooves us to focus on adding to our Internet presence. Our growth will continue internally and we are retaining a top tier firm to help us evaluate merger and acquisition candidates." Top tier firm . So which one is it? Must be one of the top in the country. The company must anticipate more cash coming in to buy out other companies. '' Every travel product that we add this year will be available over the Internet. Not all the new products will require an agent to interact with, but one will always be available for customer service.'' Can we spell I N T E R N E T company? Mastrini continues, ''In a year when airline commission cuts have had an adverse effect on the travel industry, and some of our competitors have continued to mount significant losses, we are very pleased that our business model has begun to bear fruit in the form of earnings. It is the same model that we are bringing to our unique Internet Reservation System.'' The business model for IFLY is working. The company is profitable while other travel companies are not. ''A major focus for 1999 is our Internet Initiative, which had over a million hits in our first month . The IRIS has one million hits in the first month and this is accomplished without any advertisement. biz.yahoo.com