Online travel company

Travelocity.com

(TVLY)

was up 20.9% in early afternoon. The company after Wednesday's close posted a loss of 5 cents a share, easily beating the Street's estimate of a 14-cent loss. Travelocity said it expects to post a profit for 2001.

Expedia

(EXPE) - Get Report

, another online travel company, was up 15% in Travelocity's wake.

Legg Mason

upgraded both stocks to strong buy from buy.

Sabre Holdings

(TSG) - Get Report

, the travel marketing company which owns 70% of Travelocity, was up 8%. Sabre today posted fourth-quarter earnings of 25 cents a share before items, beating the Street's estimate of 24 cents, but down from the year-ago 32 cents.