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Technology Stocks : Expedia (EXPE)
EXPE 220.00-0.2%Oct 31 9:30 AM EST
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To: Michael Ulysses who wrote (20)11/18/1999 9:08:00 PM
From: Michael Ulysses  Read Replies (1) of 48
 
"A lot of these companies, with the exception of Liberate, come with baggage, with history, whereas many of the new companies come with limited or no history," said Simons. "So it is easier for investors to buy them on the sizzle of a story."

Other analysts, however, cited the name recognition as a contributing factor for helping these companies shoot out of the gate.

"I think that Expedia will benefit from its affiliation with Microsoft not only in perception of the investor, but also in the perception of the consumer," said Leigh.

Leigh said that consumers might feel greater confidence in the products and services offered by a company backed by a well-known parent.

news.cnet.com
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