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

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To: Tom Hua who wrote (1120)5/5/1999 7:48:00 AM
From: B. A. Marlow  Read Replies (2) of 2743
 
Very bullish article, Tom.

Like all good pundits, Ms. Galante of TheStreet.com is, well, naive.

Not saying you can't make money shorting PCLN, but we all know it will be a quick trade. After all, Goldman's watching.

You and Ms. Galante have something in common. You see PCLN as some sort of retailer. Alas, this conclusion is incorrect. PCLN is a transaction engine that both of you are soon likely to use.

Enjoy your "short" ride, but be ever vigilant...

BAM
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