Booking Holdings (formerly Priceline) Message Board

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Technology Stocks : Booking Holdings (formerly Priceline)

BKNG 5,441

0.0%

Dec 29 3:59 PM EST

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To: Victor Lazlo who wrote (2038)	11/29/1999 1:14:00 AM
From: PeterGx	Read Replies (2) of 2743

Lazlo - Assume you are right about all the selling pressures due to the increased float at PCLN. In light of this the stock is holding pretty good. The new float is met with decent demand. What does this mean when the new float finally becomes completely absorbed by institutional investors? I'd be one of the last ones to get caught in the Net euphoria, but the opportunities for PCLN's business model to be applied to virtually all kinds of markets for goods and services is astounding. once again - never before have we possessed a medium to allow us to drive market equilibriums with complete precision.... in a way PCLN is revolutionizing (really) market dynamics shedding away a lot of deadweight and inefficiencies. In the process, PCLN has found a way to make money and is way ahead of its competition. If there was ever a company with great potential in the "new economy" PCLN (IMHO) is surely... among the top ten. I don't know how the stock price will pan out in the short run but a few years from now $60 per share will seem like pennies on the dollar.

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