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Technology Stocks : Booking Holdings (formerly Priceline)
BKNG 5,390-0.6%2:19 PM EST

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To: Victor Lazlo who wrote (2040)11/30/1999 11:47:00 PM
From: Pruguy  Read Replies (1) of 2743
 
your statement sums up very clearly to me why you don't get it...I don't mean just this company, but what the net delivers. It is not replacing anyones need for service.

This is what you said :

I see it differently. i see pcln as a broker. A middleman. Brokers have become the first and most obvious casualty of the web. You no longer need a stock BROKER. You no longer need a mortgage BROKER. You no longer need an antiques dealer. Soon you will not need a real estate BROKER. PCLN is a broker, and nothing more. It exists as an unnecessary layer of fat and expense in-between the seller and the buyer. And the web will not tolerate that for long

I think is completely wrong. In fact, since I am in the financial services industry and I know how buisiness is, I know yo are wrong. Remember, a rising tide lifts all boats.

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