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Technology Stocks : Booking Holdings (formerly Priceline)
BKNG 4,582-2.3%Nov 20 3:59 PM EST

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To: coachbobknight who wrote (1030)5/3/1999 3:28:00 AM
From: Sanjay Varma  Read Replies (4) of 2743
 
Zalesky:
Thought about shorting PCLN at 88, since market cap at that time was over $15 billion. Glad I didn't. Still thinking about it, though. Since they pre-emptively announced "million dollar" sales day, I'm thinking there can't be much surprise good news left to announce. Perhaps new partnerships? Split? New products besides air tix or hotels? It would be nice if the risk of shorting could be described, since this sort of momentum is rather difficult to time.
:Sanjay
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