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Technology Stocks : Booking Holdings (formerly Priceline)
BKNG 4,719+3.0%10:30 AM EST

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To: Rajiv who wrote (1831)9/12/1999 10:08:00 PM
From: Pruguy  Read Replies (1) of 2743
 
I am new to this board, but have followed the company for a long time.
Question:
Is this conjecture or fact that they are selliong tickets at a loss. It was my understanding that this is not how they do business. I thought they sell tickets at available prices for a commision, never taking a risk on tickets themselves. Price is irrelevant to PCLN. They are simplyt a travel agent in that they collect commisions on each ticket sold.....this is my understanding of their business. Am I right or wrong?
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