From an outsider looking in, I would like to see these types of...

From an outsider looking in, I would like to see these types of companies go back to single digit PE's before I even take a look at them. My old man has been in the hospitality business all his life and he believes that WTF will continue to be squeezed. The problem with a stock like this that separates it from CRZ, REA and SEK is that there are no barriers to entry, unlike the others. As another poster has mentioned with the likes of Expedia and Travelzoo, Groupon, there isn't an add break eiter on TV where I don't see holidays being discounted, not to mention hotels themselves are using other providers or circumventing WTF's booking system.

This was a great stock when it had a competitive advantage, unfortunately for holders, I don't see that anymore. As you have mentioned, even FLT and WEB are weakening at the moment. I hope for holder's sakes I am wrong, but I don't see this as being a premium online business anymore.

Just my 2 cents