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Technology Stocks : Booking Holdings (formerly Priceline)
BKNG 4,999-2.2%Jan 30 3:59 PM EST
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To: Enam Luf who wrote (2066)12/14/1999 1:15:00 PM
From: Victor Lazlo  Read Replies (1) of 2743
 
I find it curious that the priceline bulls ignore the fact that the bond offering by pcln had to be cancelled, but the secondary went on as planned. I guess if the pros don't want their bonds (which of course would have been senior to the stock) than it was still feasible to sell the new stock to retail buyers who don't know any better.

oh well.
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