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Technology Stocks : Navigant International (FLYR) -- Ignore unavailable to you. Want to Upgrade?


To: Cleo who wrote (611)5/7/1999 12:46:00 PM
From: Rob S.  Respond to of 725
 
Many of us wonder why this stock hasn't caught the attention (or wild imaginations) of the Internut speculator crowd. After all, they have REAL sales and REAL earnings. Now they have laid out a very credible "story" about how they expect to exploit the Internet to enhance and grow their travel management and reservations business. It all makes good sense - a one-stop shop for corporate travelers and corporate travel management to schedule, book, coordinate, and report travel related activity. A true on-line travel management system plus some fun vacation and cruise travel stuff thrown in for the personal travel market. Why with recent upside earnings and easing of concerns about financing of the long-term growth strategy isn't the stock moving to much higher ground already?

I think part of the reason is that there is some time needed to absorb investors who do not adjusted their expectations for the stock and are willing to sell around this price. The past volatility needs to ease out and a new floor set. Navigant's ability to buy back 1.5 million shares should help support the stock near this level, although we can't be sure when they will come in to repurchase.

The other thing I think is needed is for FLYR to hire a PR company that does the grunt work of making sure the reporting services and newsletters have the financials properly updated and reported. This is normally a job that the analysts fulfill and larger cap company doesn't have to spend much time on. But small cap companies such as Navigant need to do more work in this area - not to hype the stock but just to make the industry aware of it just like you need to do with any "product". Right now there is a confusing mess out there being reported - some services haven't updated their reports for months or have them wrong.

But this can work to investor's advantage - an "inefficiency in the system" that should work it out as the company gains more visibility and continues to grow sales and earnings. Some of that visibility should come from the Internet efforts - as they roll out the new consumer sites and enhanced present sites and announce marketing agreements with visible players. And some of the visibility will come from building a longer tract record as a publicly traded company. From my perspective, there is a lot of room to grow, both as a company and in appreciation due to greater awareness of the stock and greater confidence that they are following through on a very exciting game plan.



To: Cleo who wrote (611)5/14/1999 1:27:00 PM
From: Rob S.  Read Replies (1) | Respond to of 725
 
Navigant has come through a rough week with flying colors. The stock continues to be accumulated. The MACD and OBV indicators show positive accumulation - again this is evident if you watch the daily action in the stock. When FLYR has moved down, it has done so on low volume. When the stock has held up or moved higher, it has done so on higher than normal volume.

So far today I have noticed several flurries of block trades to the upside. A few minutes ago, I saw several blocks of 5300 shares each and several at 3000 shares traded within a few minutes. This broken block trading confirms to me that money is continuing to come into the stock.

I think that most of the overhead resistance has probably been absorbed and Navigant is positioned to move up over the next 2-3 weeks.