Booking Holdings (formerly Priceline) Message Board

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Technology Stocks : Booking Holdings (formerly Priceline)

BKNG 4,940

+0.8%

Nov 7 9:30 AM EST

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To: Victor Lazlo who wrote (2268)	2/14/2000 11:52:00 PM
From: PeterGx	Read Replies (1) of 2743

Victor - To answer you questions about Priceline?s use of warrants: Think about why companies go to the financial markets and what they do with the raised capital. Then, think about what Priceline is doing. At this point it should not be at all difficult to answer your own question: * Peter - Tell me of one other company in America that does this!* Victor - Tell me of any company in America that does not do this! (It is simply a misconception to equate the use of warrants with anything related to inventory. That will be like saying that you are not really paying for stuff just because you use a credit card. Simply reading the cash flow statements in their SEC fillings will give you a pretty good idea about how cash is generated and used.)

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