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Technology Stocks : Booking Holdings (formerly Priceline)
BKNG 5,050-0.5%Nov 14 3:59 PM EST

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To: ecommerceman who wrote (2381)5/26/2000 5:23:00 PM
From: Joe Mintz  Read Replies (2) of 2743
 
The truth is always somewhere in between even though investors like extreme pictures. PCLN is not a perfect, sure thing; and it's not a hoax.
We'll see how things evolve. Relax.

I like hearing about ex post shorts. After the price goes from 160 to 35, shorting on paper, after the fact.

But I have only one question for Braddock.
Unloading 25 million USD in shares at a time like this and in that manner. Are you stupid or just greedy or a little of both? I might be starting to lose some confidence in top management though others may disagree.
No wonder the price is collapsing in a horrendous market.
I mentioned earlier how the price reached 26 previously and there is never any guarantee.
I also think short-term predictability has disappeared. The game is totally different. Soros's stars got burned.
Risk is different than it used to be. I could go on and on but what's the point?
What will happen tomorrow? What will happen next week? next month? next quarter?
Drill this into your head: you don't know.
it's true now more than ever.
all predictions about near-term direction are blowing against a hurricane.
forget it.
wait and see.

JM
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