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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: PeterGx who wrote (2273)2/15/2000 12:25:00 AM
From: Victor Lazlo  Read Replies (3) of 2743
 
<<Victor - Tell me of any company in America that does not do this!>>

How about CATT and CVCI to begin with? Again, Peter, name one other company that uses stock warrants consistently for operating cash?

<<Think about why companies go to the financial markets and what they do with the raised capital.>>

They use it for new plant and equipment, new sales offices and staff, or to pay off debt. They do NOT use it for ongoing operating cash flows, as PCLN is doing. Big difference, Peter. PCLN had staggering losses last Q.

Victor
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