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Re: TheProphet post# 84518

Saturday, 03/08/2003 9:08:49 AM

Saturday, March 08, 2003 9:08:49 AM

Post# of 704047
Barron's this week takes a look at EXPE, here is a taste.

"The Icarus of the Internet

IS EXPEDIA FLYING too close to the sun? If you pine for the frothy days of the boom, check out the online travel service that was launched by Microsoft but now is controlled by Barry Diller's USA Interactive. It will transport you back to less sober times. Expedia shares soared 17% in February and are trading at around 70, up 85% from their 52-week low of 37.70 on Oct. 10. Expedia is trading at 30 times projected earnings for 2003. To steal a phrase from the late, great Fred Rogers of children's television fame, can you say "bubble," boys and girls?"


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