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

To: Victor Lazlo who wrote (2356)	4/11/2000 12:16:00 AM
From: ecommerceman	Read Replies (2) \| Respond to of 2743

Victor--thanks for your speedy reply! Yeah, I've heard of Eoffering--it's connected with ETrade, and if they were paid to write the report (which I sort of doubt), I don't know it. No, I've never heard of Shawn Milne, but I've rarely heard of any of these guys, in truth. Whether I've heard of him or not matters little to me, it's whether he makes sense or not. I don't know if PCLN's model is "revolutionary" or not, but it seems like a question of semantics to me. The main question is whether or not they're going to be a profitable company sometime in the future and, frankly, I don't know the answer to that. I do appreciate your healthy skepticism, though--did you check out the 10 reasons cited by Milne? I thought they were rather persuasive... And check this out: Title: Priceline.com, Travelocity.com Marketing Alliance Launches Date: 4/10/00 NORWALK, Conn. and FORT WORTH, Texas--(BUSINESS WIRE)--April 10, 2000-- -- Seamless access between Web sites means air travelers win two ways: Search for the lowest published fares through Travelocity.com or Name Your Own Price(tm) through priceline.com; -- Companies leverage largest total customer base and brand awareness in the Internet travel industry Priceline.com (Nasdaq: PCLN) and Travelocity.com (Nasdaq: TVLY) today announced the launch of a broad-based marketing alliance that offers travelers seamless access to both companies' airline ticket services regardless of whether they visit priceline.com or Travelocity.com. The alliance will make finding the best airline fares fast and easy. Travelers can go to either site for their air travel needs. If they prefer specific airlines and flight times, they can choose among the low Travelocity.com fares available to them. If travelers can't find a fare they like and are willing to be flexible with their flight times and airlines, they can make an offer for a ticket at their price through priceline.com. Priceline.com and Travelocity.com will generate incremental revenue each time they facilitate the sale of each other's products under certain conditions. Under the alliance, the two companies will share the largest user base in the Internet travel industry, estimated at more than 22 million. In combination, the brands have the largest awareness among Internet travel providers, according to independent research. Last month, Travelocity.com and Previewtravel.com announced the completion of a planned merger under which the two companies will offer services through the Travelocity.com brand name. "This powerful and seamless combination of Web sites will make it even easier for all air travelers, regardless of budget, to get the tickets they want at prices within their means," said Terrell B. Jones, president and chief executive officer of Travelocity.com. "By leveraging the core competencies of our two companies, and utilizing technology to make the alliance seamless to our customers, priceline.com and Travelocity.com are demonstrating new ways in which the Internet can deliver even greater value to consumers," said Daniel H. Schulman, president and chief operating officer of priceline.com. Now, travelers visiting Travelocity.com and priceline.com will see new, seamless connections of the two services. Travelers who look up flights and fares on Travelocity.com are now provided with an option to make an offer for a ticket through priceline.com. With a click of the mouse, the traveler automatically goes to priceline.com's airline ticket service. Travelocity.com is embedded in the priceline.com Web site as well, including the instruction page for new users and priceline.com's ticket order form pages. In addition, customer itinerary information can be easily transferred between the sites for those customers who wish to automatically pre-fill the ticket order form pages.