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

To: Joe Mintz who wrote (2362)	5/1/2000 6:56:00 PM
From: ecommerceman	Read Replies (1) \| Respond to of 2743

Joe--I was very impressed by the report, also. This is a great company, with a great concept; I've used Priceline several times to get hotel rooms, and have been delighted with the results every time. I have yet to use them for airlines, though, and don't believe their model there is very consumer-friendly, as you can't specify the time you want to go, just the day. I understand, however, that they're going to make a change here, and sure hope they do so soon. In a couple of years this stock will be at several times it's current value, and it may be a high multiple. I learned several years ago not to try and time stocks, so I'm content to hold this one for a long while into the future....

To: Joe Mintz who wrote (2362)	5/1/2000 7:24:00 PM
From: Victor Lazlo	Read Replies (1) \| Respond to of 2743

<< (Shorting a stock with the long-term running against you represents a reliable route to ruin. In the short-term, it bears a close resemblance to gambling with unfavorable odds.) >> For many public companies, that would be true. But being long on a co like PCLN that issues new shares to buy inventory to sell to consumers is also extremely risky. Whatever paltry earnings this co may ever earn will be sucked below the horizon by the ongoing and seemingly infinite no of new shares that will be cashed into the float by PCLN's "partners." It is clear that the hotels, airlines, grocers, etc can do this themselves, it is simple. So how can pcln bribe them to sell inventory to pcln? Simple- give them inflated shares of priceline that they can later sell for cap gain, instead of selling their inventory the real way and declare "income". It's a big game. So the big news items will continue to be counteracted by the ongoing float bloat. If pcln loses its lawsuit against msft, look out below. If pcln has to switch to honest revenue accounting, look out below also. I am not, and have never been, either long nor short pcln. I have never had a position in the stock. cheers! Victor