Robert Nabloid

Expedia: An Opportunity in Travel

Good article. I like Expedia, I'm also a customer. I think it may have a bright future, eventually. I haven't looked at the balance sheet so I don't know how much debt they are burdened with - hopefully not much as there are some turbulent times ahead!

I see promise in the travel industry after the economy begins to come back. The problem is, I think things are going to get much worse, especially for companies that rely on discretionary/leisure spending. I think we'll have plenty of opportunity to buy travel companies for cheaper than they currently are. I personally would not pull the trigger yet. To each his own. There are still plenty of downside risks in the economy. I do agree with you, Expedia is well positioned to gain market share so long as it isn't overly burdened with debt and can trim back and weather the storm.