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Technology Stocks : Booking Holdings (formerly Priceline)
BKNG 5,488+0.8%Jan 9 9:30 AM EST

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To: Victor Lazlo who wrote (2275)2/17/2000 8:06:00 PM
From: PeterGx  Read Replies (1) of 2743
 
<<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."

Victor -
PCLN does not need new plant and equipment, nor big sales officeS, nor huge staff and (I hope ) no debt... AND THAT IS THE BEAUTY OF THIS....
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