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

To: Victor Lazlo who wrote (2268)	2/14/2000 11:32:00 PM
From: PeterGx	Read Replies (1) \| Respond to of 2743

Victor - Thanks for the advice! I am sure you mean well, but I?ll keep PCLN in my portfolio. PCLN is not for the investors who are looking for a gamble to get them rich overnight (maybe KTEL, EWEB, or CPIH, etc.) It is however, a company with an unique opportunity in the "new" economy and as such represents a great addition to a portfolio that is looking for that kind of diversification. Patience is probably the most important key to successful investing. PCLN has all the makings of a great performer for the next several years. Good Luck! Peter PS Priceline.com is NOT a fraud (as you claim). I wish you?d substantiate such strong claims with more than chat room rumors. Also, the stock has gained nearly 15% for the year (certainly not under-performing the market, as you claim).

To: Victor Lazlo who wrote (2268)	2/14/2000 11:52:00 PM
From: PeterGx	Read Replies (1) \| Respond to of 2743

Victor - To answer you questions about Priceline?s use of warrants: Think about why companies go to the financial markets and what they do with the raised capital. Then, think about what Priceline is doing. At this point it should not be at all difficult to answer your own question: * Peter - Tell me of one other company in America that does this!* Victor - Tell me of any company in America that does not do this! (It is simply a misconception to equate the use of warrants with anything related to inventory. That will be like saying that you are not really paying for stuff just because you use a credit card. Simply reading the cash flow statements in their SEC fillings will give you a pretty good idea about how cash is generated and used.)