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To: Bill Harmond who wrote (87300)12/13/1999 5:41:00 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
<<Low 60's>>
Do you know how long ago you first told us you were into Pcln?
All I can say is you must have bought a ton of Pcln lately in the low 50's, to get your average down into the low 60's.
Ps you must have bought all the shares that Delta sold.;-)
<<... 10 New Product Categories Added to 150 Current Categories

STAMFORD, Conn., Dec. 13 /PRNewswire/ -- The Priceline WebHouse Club announced today it will expand to the Baltimore and Washington, D.C. markets in the first week of January, significantly ahead of its original schedule and after selling 1 million grocery items in its first 40 days since launching in the New York metro area. The WebHouse Club enables consumers to name their own price for groceries in the Internet and get those items at their favorite local supermarkets at savings of up to 50 percent.

The WebHouse Club is distinct from all other online grocery services because it partners with major local retail chains, such as A&P, ShopRite, Grand Union and Stop & Shop. The WebHouse Club allows consumer to get best of both worlds: significant discount savings available only on the Internet and the convenience of shopping at their favorite local grocery stores for those savings. Since launching on November 1 in the New York metro area, the WebHouse Club has enrolled over 50,000 members.

Unlike coupon savings, which average $3 to $4 per shopping trip, WebHouse Club members currently save an average of $12.75 per trip on an average purchase of $32.00 in grocery items. Products priced most often by WebHouse Club members are diapers, orange juice, beef, milk and chicken.

The WebHouse Club also announced today that it is adding 10 new categories to the already 150 available product categories. These new categories are available immediately and bring the total number of national brands available to WebHouse Club members to over 600. The company currently has approximately 1,200 supermarkets as its partners and expects to expand to 1,500 participating retailers with the addition of the markets announced today.

The WebHouse Club launched on November 1 for consumers in New York, New Jersey and southwestern Connecticut on the Internet at priceline.com. In response to strong traffic and demand, the service expanded two weeks later to the Philadelphia metro area. Additional markets will be announced shortly. The WebHouse Club is expected to offer its "name your own price" for groceries service nationwide by the second quarter of 2000. With the addition of the Washington, D.C. and Baltimore markets, the WebHouse Club will cover approximately 14 million households.

"Selling one million items in 40 days since launch combined with thousands of e-mails we received convinced us to expand the WebHouse Club with the 'name your own price' savings formula as quickly as possible," said Jonathan Otto, Chairman and Chief Executive of the WebHouse Club. "Given that we partner with local retailers and do not have to make investments to build an infrastructure of warehouses and trucks, we can scale rapidly. We are pleased to announce our expansion into the Baltimore and Washington, D.C. markets."

About Priceline WebHouse Club:

Priceline WebHouse Club Inc. (http://www.priceline.com), a privately held licensee of priceline.com (Nasdaq: PCLN), allows customers to name their own price for hundreds of leading grocery items on the Internet. WebHouse Club members agree to be flexible among their favorite brands and let the WebHouse Club choose from among these brands after the members name their own price. The WebHouse Club members, after naming their prices, can then get their items at their choice of more than 1,200 participating stores in areas including New York, New Jersey, southwestern Connecticut and Philadelphia. Retail chains that are supporting the WebHouse Club include A&P, Key Food, ShopRite, Grand Union, Waldbaums, FoodTown, King Kullen, Stop & Shop, the Food Emporium, Gristede's, D'Agostino, Super Food Mart and Pathmark.

SOURCE The Priceline WebHouse Club

CO: Priceline WebHouse Club; priceline.com

ST: Connecticut

IN: FOD MLM

SU: PDT

12/13/1999 09:53 EST prnewswire.com>>