Booking Holdings (formerly Priceline) Message Board

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Technology Stocks : Booking Holdings (formerly Priceline)

BKNG 4,921

+0.2%

11:56 AM EST

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To: Victor Lazlo who wrote (2465)	12/5/2000 11:04:58 AM
From: 10K a day	Read Replies (2) of 2743

(sorry about the length of this post)... I don't even know what the real story is here. All i know is a Bunch of Big guys bought the stock. And then they lost a lot of money. I don't know why it's going out of business. there are disputes whether they have 90 million in cash or 130 million in cash based on slow paying of their vendors?? I think slow paying of vendors is not a bad thing.(if you can get away with it)... (I keep hearing the FRAUD word...But i'm (honestly) not sure where that stems from??) I know Janus sold 12 million shares. I know fidelity sold 2 point something million shares. I know Malone and allen and some sheik got waxxed. I know my friend loves the service and uses it all the time. I know her friends and family love the service and use it all the time. I don't know what the real story is here??. They according to Yahoo and SI had 1.1 Billion in revenues and are selling at .4 times revenues. They had 7 dollars per share in Revenues. They have brand??. I think certain cultures totally love the service or totally hate the service. I think Geminis Love the Service. LOL. I don't think they are going out of business any time soon with 1.1 billion in revenues. In fact they are one of the highest revenues pure play dot.coms with a very interesting business model??. It's not like they have warehouses to store all of their (tickets) overhead??. It's not like they can't rapidly adjust pricing relative to market conditions??. It's not like the Airline industry is going through a great time right now with Cots Set up in the airport and unhappy customers as the norm. It's not like gas prices are cheap and everyone is trying to squeeze the very last dime out of everyone else. I don't know. Something I like about the story. (it's just a low overhead...information serving kind of story)....everybody seems to benefit...and nobody is really worse off.) well maybe the shareholders who bought high... The float is high. The insiders sold a ton....I don't know the real story here....Lots of misinformation...out there... I think they wil undoubtedly benefit from consumers feeling comfortable with buying stuff online....I think this bidding model is a perfect fit for the net...I think B2C is BIG TIME....out of favor....and WAY OVERDONE....

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