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To: Bill Harmond who wrote (86887)12/9/1999 5:45:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
You likely read the full story but just in case:

"Priceline.com Joins Two Other Web Travel Sites In Marketing Alliance

DEC 09,1999

NEW YORK -(Dow Jones)- Priceline.com Inc. and two other Web-based travel
retailers - Travelocity and Preview Travel Inc. - will offer access to one
another's products and services in a marketing alliance announced Thursday.
The announcement confirmed a report in The Wall Street Journal.
Under the agreement, members of Travelocity.com and Preview Travel (PTVL)
will be able to name their own ticket prices through Priceline.com's (PCLN)
service. In exchange, Priceline.com's customers will have access to the retail
fares of Travelocity.com and Preview Travel.
Travelocity.com is operated by Fort Worth, Texas-based Sabre Holdings Corp.
(TSG). Sabre Holdings said in October that it has agreed to merge
Travelocity.com with San Francisco-based Preview Travel, retaining a 70% stake
in the combined public company, Travelocity.com Inc. The companies plan to
close the merger in the first quarter.
Separately, Priceline.com's Travel Services unit Thursday unveiled its
Priceline2000 service upgrade for airline tickets. The company plans to begin
offering two new options for its Name Your Own Price leisure airline ticket
service in the first quarter. One option, called Quick-Answer, will
electronically check price requests with airlines and quickly provide an
electronic-mail answer. The other option, Max-Chance, will repeatedly check for
up to 48 hours.
Also in the first quarter, Priceline.com will launch its Retail Fare Shopper
service, which publishes ticket prices and sells retail tickets through
affiliates.
In the second quarter, the company plans to begin offering Name Your Own
Price vacation packages, including airline tickets and cruise, hotel,
time-share and rental car accommodations. "