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Technology Stocks : Booking Holdings (formerly Priceline)
BKNG 4,940+0.7%3:59 PM EST

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To: spal who wrote (2282)2/18/2000 3:15:00 PM
From: Victor Lazlo  Read Replies (1) of 2743
 
I agree 100% spal. I think the use of warrants by PCLN for ongoing operations is going to continue indefinately. And I am not sur ehow this works, but it must be more attractive financially/tax wise for the suppliers to get warrants and cash them in, in return for cheap inventory brokered through PCLN, than it is to sell their inventory the normal way.

Victor
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