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Technology Stocks : Booking Holdings (formerly Priceline) -- Ignore unavailable to you. Want to Upgrade?


To: starpopper who wrote (1999)11/16/1999 10:28:00 AM
From: Pruguy  Read Replies (1) | Respond to of 2743
 
..AMEX's is plastic!

Think again..you clearly don't know what amex is all about...study it if you want.you will see that your statement is as true as IBM is mainframes. Just not an accurate statement.

the internet is MSFT/EXPE's bread & butter.

I hope that isn't true for microsofts benefit....Except for the browser war, which briings in minimal revenue, they have/are loosing every single internet game they are playing in....Don't get me wrong, personally, I would never short that stock, but they are not as broadly successful as you suggest. They are extremely successful in OS and office applications, but thats about it...everything else they are pretty much a 2 bit player...money doesn't buy everything



To: starpopper who wrote (1999)11/16/1999 4:15:00 PM
From: otter  Respond to of 2743
 
Up 8 13/16 - and this is why:

bigcharts.com

Thus proving that people will use the Internet even for groceries......

The text of the article follows:
****************************************

Philadelphia grocers to join Priceline WebHouse
TUESDAY, NOVEMBER 16, 1999 2:38 PM
- Reuters

STAMFORD, Conn., Nov 16 (Reuters) - Priceline WebHouse Club said on Tuesday it is expanding online groceries service into the Philadelphia area, including southern New Jersey, in a move expanding its coverage area by some 3 million consumers.

Privately-held WebHouse licenses Priceline.com Inc.'s (NASDAQ:PCLN) model for allowing consumers to declare on the Internet the prices they want to pay for goods, in this case, groceries, which shoppers pick up if their bids are taken.

Shoppers can access the expanded WebHouse service starting on Friday, Nov. 19th at priceline.com -- which is also Priceline.Com's home page.

A Priceline.com Inc. spokesman said the company has no equity in Priceline WebHouse, although, under an existing agreement, Priceline.com can, at some point, take a majority stake in WebHouse, given certain undisclosed conditions. Both companies are based in Stamford, Conn.

Like other licensees, WebHouse pays licensing fees to Priceline.

Priceline WebHouse Club allows shoppers to go online to priceline.com on the Internet to offer a price for more than 140 product categories of groceries. If a grocery store accepts the offer, the shopper can go to the store and pick up those items.

WebHouse, which launched Nov. 1 in the New York metropolitan area, said more than 1,000 stores now participate in its grocery service.

((-- Franklin Paul, New York Newsdesk, 212-859-1893))