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Technology Stocks : Internet Guru Discussion -- Ignore unavailable to you. Want to Upgrade?

To: Frost Byte who wrote (2671)	9/9/1999 2:51:00 AM
From: steve harmon - analyst	Read Replies (1) \| Respond to of 4337

pcln - i have never been comfortable with the amount of options that priceline has that make the fully-diluted market cap much higher than you see in any market cap table fully-diluted market cap is another $2.9 billion -- another 46.8 million fully diluted shares that most observers miss when factoring its valuation it was the same when priceline went public; it gave away a ton of options to the airlines, delta got a boatload basically i admire priceline's success in changing the market for airline ticket buying for extra seats it wants to move into other areas but those are experiments meanwhile i think mercata (owned by paul allen) and accompany.com may have better aggregated buying models