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: AmericanVoter who started this subject	1/6/2001 1:20:12 PM
From: hdl	of 2743

Subj: FairMarket to Develop Discount Internet Store for At... Date: 01/02/2001 8:52:55 PM Eastern Standard Time From: AOL News FairMarket to Develop Discount Internet Store for At Home Corp (Bloomberg) -- FairMarket Inc., which creates and operates online auction sites for other companies, agreed to develop a discount shopping site for high- speed Internet service provider At Home Corp. At Home will begin selling cut-rate goods from J.C. Penney Co., Dell Computer Corp., CompUSA Inc. and others by the end of the month over a site to be developed by FairMarket, FairMarket said in a press release distributed by Business Wire. FairMarket will receive a share of the sales. The agreement may allows the Woburn, Massachusetts-based FairMarket to profit from the market for selling over-stocked and discounted merchandise over the Internet, which AMR Research Inc. has estimate could amount to as much as $22.5 billion by 2004. At Home has approximately 2.3 million subscribers worldwide. Precise terms of the agreement were not disclosed. Company officials could not immediately be reached to comment. FairMarket had about $8.58 million in revenue in the nine months ended Sept. 30. The company's shares, which traded as high as $48.50 in March, rose 19 cents to $1.69 today. Jan/02/2001 20:52 ET For more stories from Bloomberg News, click here . (C) Copyright 2000 Bloomberg L.P.... For the full text of this story, click here. To edit your profile, go to keyword NewsProfiles. For all of today's news, go to keyword News.

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