Booking Holdings (formerly Priceline) Message Board

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Technology Stocks : Booking Holdings (formerly Priceline)

BKNG 5,050

-0.5%

Nov 14 9:30 AM EST

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To: Xenogenetic who wrote (2413)	9/27/2000 11:35:27 AM
From: Glenn Petersen	Read Replies (2) of 2743

The reaction might be a bit excessive; picked some up at 10 3/8. Hoping for a quick bounce. dailynews.yahoo.com "...Priceline, whose high-profile investors include Microsoft Corp. co-founder Paul Allen and cable mogul John Malone, said it expects third-quarter revenues of $340 million to $345 million. Analysts had forecast $360 million to $380 million, Priceline said in a statement. The company said revenues from airline ticket sales would be down $20 million to $25 million from the second quarter. In contrast, it said, non-airline revenues would be up about 20 percent...Priceline said it expects its net loss in the third quarter -- before option payroll taxes, non-cash supplier warrant charges and non-cash dividends on preferred stock -- would be ''essentially flat'' with the second quarter's 1 cent a share."

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