Booking Holdings (formerly Priceline) Message Board

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Technology Stocks : Booking Holdings (formerly Priceline)

BKNG 4,874

+2.3%

Nov 24 3:59 PM EST

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To: NightHawkZ who wrote (1388)	5/19/1999 11:16:00 PM
From: Tom Hua	Read Replies (1) of 2743

NH, below are excerpts from an CBS MarketWatch article last month. I wonder if SEC will take issue with how PCLN records its revenue. It seems PCLN 's reportable revenue should be an order of magnitude smaller than what they reported. Regards, Tom Priceline.com provides a "name your price" marketplace on the Web, mostly for travel and financial services. Consumers can place a bid for items such as airline tickets, and Priceline.com aims to find a willing seller. Priceline does not take in that revenue. Instead, the company makes the spread between what a customer pays and the cost of the item. The company doesn't break out the spread it makes, but it's generally around $10 for an airline ticket. By determining the spread, Priceline has more control over margins.

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