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To: Rob S. who wrote (62291)6/14/1999 2:14:00 AM
From: KeepItSimple  Respond to of 164684
 
As I said, this will end when people start going to jail. From Jun 11 wall street journal:

"...to securities lawyers, a high preopening quote sometimes looks and smells like an attempt to manipulate a stock's price.... 'Stock
manipulation is the granddaddy of charges,' says Richard Walker, chief of enforcement at the securities and exchange commission.
...the frequency of puzzling early-morning prices has prompted the SEC to begin conducting inquiries, and the NASD said it is looking into
several 'active' cases involving possibly manipulative preopening bidding...
Nowadays, the stocks in which the most unusual activity occurs involve the internet companies."




To: Rob S. who wrote (62291)6/14/1999 8:11:00 AM
From: Robert Rose  Read Replies (1) | Respond to of 164684
 
MSI, how's that for a content-full post??

Here is my $.01 worth that might provide a little bit of context for the issue.

My understanding is that Priceline has been granted two patents and has filed for 18 others. CEO Walker believes that as the Internet revolutionizes commerce, business processes can be patented in the Information Age just as industrial processes were patented during the Industrial Revolution.

Here is an interesting post that discusses the impact of probable litigation on Priceline's business.

Message 9931215

By the way, this post's author is always worth reading, whether it's on the pcln, rnwk, gnet or any other threads. He may have addressed patent issues in earlier posts on the pcln thread. And it would certainly be worth your while to ask him questions similar to those you have been astute enough to ask Rob S.

On the same thread this weekend, I also posted a link to an interesting Forbes article which focuses on Priceline CEO Walker as boy wonder, but which also touches on the patent issue.

Good luck.

Rob

Disclaimer: Long pcln but wouldn't touch onsl with a 10-foot pole. B. A. Marlowe is bullish on both, however.