NEWS

Stock Watch: Is Preview Travel Cheap?

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By Andy Wang
E-Commerce Times
04/19/99 12:00 AM PT

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Shares of online travel agent Preview Travel climbed 2-9/16 to 22-15/16 on Friday after the company was featured in a bullish story in Business Week.

Steve Weinstein, an analyst at Pacific Crest Securites, told the magazine that Preview Travel -- which is the primary travel service on America Online (NYSE: AOL) and has AOL as a shareholder -- could be "a prime acquisition target" that could fetch a big premium. BancBoston Robertson Stephens analyst Lauren Cook Levitan also liked the company's prospects.

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