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Technology Stocks : Cheap Tickets, Inc. (CTIX) -- Ignore unavailable to you. Want to Upgrade?


To: Francesco Mangano who wrote (48)4/27/1999 4:23:00 AM
From: Don Edgerton  Read Replies (1) | Respond to of 128
 
Today will be interesting.

CTIX has 1/20th the market cap of PCLN but sold more tickets this quarter than PCLN has since in inception.

Revenues for quarter also exceeded PCLN revenues to date.

And sin of sins CTIX earned a profit, something PCLN won't see for a while if ever.

Meantime, PCLN has a market cap equal to AMR plus UAL. Guess the PCLN model will be to sell more tickets than seats available in the airline industry to justify its price. The other businesses are a bit of a joke. What bank is going to offer a below market mortgage -whcih he could not sell withoutr a loss. May get a few loans where there is a saving on fees - simply because someone is able to do it for incremental business.

AS I said, it could be interesting. Only wish CTIX CEO would get on CNBC and draw the comparisons.

aloha