Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Bill Harmond who wrote (92352)	1/27/2000 2:16:00 PM
From: Glenn D. Rudolph	Respond to of 164684

Bought some MU back at 64 3/4

To: Bill Harmond who wrote (92352)	1/27/2000 8:41:00 PM
From: Victor Lazlo	Read Replies (2) \| Respond to of 164684

William, here are a few initial thoughts re PCLN- <<Priceline's (NasdaqNM:PCLN - news) fourth-quarter operating loss was $12.7 million, compared with a loss of $12.9 million in the same 1998 quarter. >> When a co uses newly-issued shares of its stock to buy invetory, of course it can get inventory cheap, and sell it a bit less cheap. The name of the PCLN game is DILUTION. Profitablity will not matter when there are 4 billion shares out, 3,999,879,990 of them in the float. <<The net loss per share, excluding certain items, was 6 cents, 2 cents better than analysts had expected,>> Look for "certain items" to be very significant and consistently recurring, showing up in PCLN financials from now through the next 20 years, or until its demise, whichever occurs first. I'll bet on the latter. <<``In 2000 we will target revenues of $1 billion (compared with $482 million in 1999), and we will move up our date for profitability from the second half of 2001 to the first half of 2001 -- which is a substantial difference,' said Dan Schulman, Priceline president and chief operating officer. >> Their growth is predicated on moving further into no-win markets. Markets where there is no deadline for the expiry of goods- they're non-perishable. These are no-win markets for PCLN, yet they expect invetors to think they can make a buck there. Nope. Besides, Jay and Dan like to pump the stock up with phony PR's (ref cars, b2b, and China) so why not make silly claims to future profitability? After all, nobody remembers that AMZN was going to be profitable in 1999! <<He said analysts' estimates of a loss of 25 cents per share in 2000 are ``in the right ballpark.'>> "Only if 450 million additional shares are printed, that is." -- fine print. More shares reduces loss per share - great trick for $$ losing co's to pull! Otherwise, PCLN is a sound, healthy co!! Victor

To: Bill Harmond who wrote (92352)	1/28/2000 2:11:00 PM
From: Sam Citron	Respond to of 164684

RE: PCLN I think Victor misses the big picture here on PCLN. Hutchinson Whampoa JV has huge potential. Asians will take to Priceline like fish to water. Haggling for the necessities of life is a cultural institution in the East. The fact that HW chose to buy a license or trade it for stock in the JV rather than try to challenge it and do it on their own is a strong endorsement of the PCLN patent.