Priceline (PCLN) Message Board

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Technology Stocks : Priceline (PCLN)

PCLN 25.43

-0.7%

Oct 30 5:00 PM EST

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To: Marco Polo who started this subject	7/25/2000 2:33:45 AM
From: Marco Polo	Read Replies (1) of 10

Down 22% to $31-1/8 today. Obviously this was not a good day for Priceline.Com fans. The bad news may be over though... is up the only way to go from here? Several analysts have given a short-term buy recommendation on a price basis alone. I'd rate it a neutral at this point, with a long-term upside. I just can't see it going anywhere until if and when it starts posting better numbers than this. Despite the fall, it remains richly valued for how much money they're taking in. Revenues aren't their "mark-up" but rather the total spent on other companies' services. Realistically, it trades at over 100x sales. That being said, I like this company... despite the steadily downward spiraling graph. In at a loss. Anyone want to cheer me up?

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