Booking Holdings (formerly Priceline) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Booking Holdings (formerly Priceline)

BKNG 4,766

+4.0%

Nov 21 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: spal who wrote (2331)	3/14/2000 2:11:00 AM
From: Richard Karpel	Read Replies (2) of 2743

<<<The question I have for you, is that if PCLN has a business model which will revolutionize a part of our economy, why do they need to "bribe" their biggest suppliers (Delta Airlines and others) with huge warrant positions in PCLN in order to have these suppliers provide them with inventory to sell?>>> To be honest, I'm not familiar with the facts surrounding PCLN's early financing. (I'm a recent convert.) What I do know is that last year only four of the major airlines worked with PCLN; now all eight have signed on. Also, I don't think you should focus too narrowly on airline tickets. PCLN has already expanded its service to hotel rooms, rental cars, new cars, home financing and groceries; gasoline and long-distance telephone service is next, and the company has also announced plans to enter the B2B market. Most importantly, the company's growth rate in each of these markets is spectacular. For instance, over 3% of ALL THE HOUSEHOLDS in the New York metropolitan area signed up for the WebHouse grocery service in its first three months of operation. Finally, this is a complex, difficult business, and PCLN is executing flawlessly.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next