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E-Commerce Stock Watch: Preview Travel Finally Bounces Back

By Andy Wang E-Commerce Times ECT News Network
May 12, 1999 12:00 AM PT

Leading online travel agent Preview Travel (Nasdaq: PTVL) has been mentioned favorably by various analysts and publications in recent weeks, including Business Week and The Motley Fool. However, after a nice run-up, the stock fell in eight consecutive trading sessions leading up to Tuesday.

On Tuesday, the stock charged back with a bang, gaining 1-7/16 to 23-15/16 after the company launched a travel protection program to offer its customers insurance and emergency assistance services. It will be interesting to see if Preview Travel can build on the momentum. Preview Travel is a stock that many feel is cheap and a possible takeover target, but it remains to be seen whether the stock soars to new heights or whether it will simply just stay in a holding pattern. Shares of Preview Travel were up 5/16 to 24-1/4 in early trading today.

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I plan to do my holiday shopping…
Online only -- I like the convenience and comfort.
Online only -- I'd shop in stores if their stock weren't so limited.
At brick-and-mortar stores only -- I like to see what I'm getting.
At brick-and-mortar stores only -- I enjoy the holiday shopping atmosphere.
At brick-and-mortar stores only -- I want to support local merchants.
Online and in stores -- I want the best of both worlds.
I'm not planning on doing any holiday shopping.