Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next
Author: TMFJeanie Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 3  
Subject: Travelscape offering Date: 7/19/1999 3:11 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Information obtained from Hoovers:


Travelscape.com, Inc.

Web Site: http://www.travelscape.com
Expected IPO date: Week of July 19

Exchange: Nasdaq
Proposed ticker: RSVN

Proposed offer price:
$10.00 to $12.00
Shares offered (mil.): 5.0
Offering amount (mil.): $55.0
Post-offering shares (mil.): 20.0

Underwriters:
U.S. Bancorp Piper Jaffray; CIBC World Markets

KEY NUMBERS

Fiscal Year-End: December

1998 Sales (mil.): $20.9
1-Yr. Sales Change: 67.9%

1998 Income (mil.): $(4.4)

Employees: 148



<< Travelscape.com is helping to sculpt the changing landscape of travel
agencies. The company offers airline tickets, hotel rooms, and air/hotel
packages over the Internet through accords with major airlines and hotel
chains in 35 markets (90% of sales come from hotel rooms).
Travelscape.com offers bookings at 335 hotels such as Doubletree,
Hilton, and Marriott, and discount airfares with American Airlines,
America West Airlines, Delta Air Lines, and Reno Air. The company
also has contracts with several Las Vegas hotel/casinos and specializes in
Las Vegas travel through its Las Vegas Reservation Systems subsidiary.
Chairman and CEO Timothy Poster owns 47% of Travelscape.com;
COO Thomas Breitling, 40%. >>


Jeanie
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next

Announcements

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Looking at Currency Ratios
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement