Orbitz Worldwide, Inc. (NYSE:OWW)
An online travel company, which uses technology to enable leisure and business travelers to research, plan and book travel products.
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This company has cler direction, strong leadership, and some extremely forward moving technology.
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OWW, USS, IDTC, C, PFE, XOM
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overly penalized - counter cyclical economics will result in higher margins in down economy
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There are only few big players in this market and OWW is one of them. Fundamentals not bad and carry by big mega trends of global travel. It is still under its IPO price. Good for long term investment
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Orbitz is has lots of fat that it can trim if it needs to. It has a huge platform and several unlaunched global solutions in its arsinal that could easily double its net revenue within a couple of years.
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This ipo has been a loser in the past plus has a lot of debt
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Now that most Airline companys are offering the cheapest price possible online, why would anyone have a use for this in the future? It was a great idea while it lasted.
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The money raised from the IPO is going to pay off debt and a one-time dividend. The website itself offers nothing unique that will retain customers.
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