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To: Victor Lazlo who wrote (87632)	12/15/1999 8:59:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

Glenn I am not ashamed, I am bewildered as to why someone with William's smarts and access to info would buy a dog such as pcln. To hope for a short squeeze with pcln as the only reason for buying is tantamount to buying Iridium on the hope they will come out of bankruptcy. Victor, William or you may correct me if I am incorrect, but I do not believe William bought PCLN just to play a short squeeze. In this market, with so many movers to look at, why take that kind of irrational risk? I have no clue what percentage PCLN is of William's portfolio but it could likely be very small and be a speculation he wants to play. I can't say I have any idea. Glenn

To: Victor Lazlo who wrote (87632)	12/15/1999 9:00:00 PM
From: Bill Harmond	Read Replies (3) \| Respond to of 164684

>>To hope for a short squeeze with pcln as the only reason for buying is tantamount to buying Iridium on the hope they will come out of bankruptcy. I explained that a short squeeze isn't my prime motivation. I said that I never buy a stock without belief in the fundamentals. Why don't you just give up on Priceline? You've made it clear you think it's a dog with fleas, so move on and discuss topics you think might do you good. You guys crack me up. You're acting obsessed.