Booking Holdings (formerly Priceline) Message Board

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Technology Stocks : Booking Holdings (formerly Priceline)

BKNG 5,424

-0.4%

12:40 PM EST

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To: Enam Luf who wrote (2061)	12/13/1999 11:37:00 PM
From: PeterGx	Read Replies (2) of 2743

"...Another 75% downside is not unlikely imo." Enam - May the Almighty hear you on this one... Then I may start believing that miracles will happen at the turn of the Millennium. God knows I'll load up at $14/share :-)... shortly after will be the last time I'd bother balancing my checkbook. Anyway, Many a people (some really smart too) missed (and are still missing) great chances to benefit from this bull market (in the "new economy") by insisting on applying old methodologies to new paradigms. Put away your old yardsticks and listen to Steve Jobs - "Think differently!" :-) All that mumbo jumbo about inventories and dilution and what not - I am not sure I am seeing what you are trying to say, but then again I am not so sure you know what you are saying... It's rather simple (and IMO irrelevant here), but just to clarify things: Inventories (of any kind) have nothing to do with these deals. Priceline is just building partnerships and an integral part of partnership building is securing mutual interests with special financing arrangements. When financing things one either borrows and distributes IOUs or pats you on the back and says "work with me and if I make it - you make it". With an IOU, the best one can do is get his money back, hence that's all he cares about. Mixing equity is like mixing blood: you - brothers :-) Priceline is making great deals and partnerships. Access to 90% of the Air-ticket market and 154 cities. More importantly, PCLN is cloning its business model into other markets. I think that good things will happen to PCLN shareholders in the next couple years.

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