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To: Bill Harmond who wrote (76246)9/2/1999 2:12:00 AM
From: KeepItSimple  Respond to of 164684
 
>Priceline's gross margins are 10%, but that figure is deceptively low
>because priceline counts the total ticket sales prices as revenue.

You're saying their reported revenue is deceptively high?

So which one are they giving misinformation about- revenue or gross margins? It's got to be one or the other. Don't you hate it when you get caught with your pants down, William?