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

To: spal who wrote (2350)	3/21/2000 8:03:00 PM
From: Victor Lazlo	Read Replies (1) \| Respond to of 2743

<<I guess the real reason for these suppliers agreeing to these arrangements was because of the huge upside potential of these warrants - an upside far greater than if these same companies just decided to set up their own online distribution capability.>> And the huge upside potential of these warrants v. just selling their inventory through normal sales channels. I do not for a minute believe that pcln is selling "surplus" bargain-rate merchandise. In fact, they are able to get it cheap because of the warrants. Warrants that eventually find their way into the float.