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


To: Gerald Walls who wrote (2345)3/20/2000 8:14:00 PM
From: Islander  Read Replies (1) | Respond to of 2743
 
If Priceline reports their gross sale of airline tickets as revenue, then it is not in line with the ticketing practices of Travel Agencies that report to IATA (international Air Transport Authority). The Briefing.com report is correct, the standard practice of reporting to IATA is commission based upon tickets issued by IATA to qualified agents. ie. Revenue is ticket price to consumer minus ticket cost to IATA. If bulk tickets are bought at discounts from wholesale agencies or tour operators, revenue should still be calculated as the difference in cost to sales, as this is the industry standard. For PCLN to state revenue as the cost of tickets sold plus mark-up is BS accounting for which they will be inevitably be forced to address....MSTR revisited. Don't be a bag holder. Going short this one.



To: Gerald Walls who wrote (2345)3/24/2000 10:30:00 AM
From: Sir Auric Goldfinger  Read Replies (1) | Respond to of 2743
 
WSA PRICELINE.COM I:SAVOY WILLIAM FILES TO SELL 156,250 SHARES
Mar 23 2000 22:22

FORM 144 FILED AT THE SECURITIES AND EXCHANGE COMMISSION ON 03/21/00

WILLIAM SAVOY, NO RELATION,
OF 677 120TH AVE NE STE 184, BELLEVUE, WA 98005,
HAS FILED TO SELL 156,250 SHARES OF PRICELINE.COM INC [PCLN]
THROUGH FIRST UNION SECURITIES. CONTACT PHONE (203)-299-8000.

The Washington Service reports Form 144 (Proposed Sale of Securities)
filings released by the S.E.C. Further information on our services may
be obtained by calling (202) 778-1380, or by typing WSA <GO>.