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Technology Stocks : Booking Holdings (formerly Priceline)
BKNG 4,911+0.2%1:22 PM EST
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To: Victor Lazlo who wrote (2283)2/19/2000 5:25:00 PM
From: spal  Read Replies (1) of 2743
 
Victor;

I think your interpretation of the warrants is the most optimistic way of looking at this type of transaction. I prefer to use it as evidence of the weakness of PCLN's business model - they have to actually "bribe" suppliers with huge chunks of equity to get these companies to provide them with product to sell.

S Pal
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