Booking Holdings (formerly Priceline) Message Board

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Technology Stocks : Booking Holdings (formerly Priceline)

BKNG 1,957

+0.1%

Aug 9 5:00 PM EST

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To: Victor Lazlo who wrote (2009)	11/18/1999 8:55:00 AM
From: otter	Read Replies (1) of 2743

Victor, I'm not completely sure what your agenda is or if you have one. The charge is in excess of $1b in this quarter. It was in paragraph 2 of the story I copied for you - Yes, I can read also, and Yes, I do know how to do due diligence. As for name calling, it's inappropriate. Obviously, I have a long position with this company. I opened it on Monday and increased it yesterday. I have some misgivings about the business model (reverse auctions don't work with everything. Low price doesn't always win in my book, but that's another discussion), but company execution is and has been pretty good as far as I can tell. I got into this company only because I saw a change in direction, and I'm staying/trading what I see as positive momentum after a long slide back to where this company started trading a few months ago. Whether I will be a long term player with this company or short term depends in very large measure on the performance of the stock. (this momentum could reverse again today, in which case I will be out)

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