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To: Terry Whitman who wrote (38052)11/16/2000 12:31:01 PM
From: pater tenebrarum  Respond to of 436258
 
Priceline Offers Name Your Own Price Prostitutes

Norwalk, CT - Priceline.com, the online shopping network, will begin
offering prostitutes using its Name Your Own Price model which it has used
for airline tickets and hotel rooms. The service will first be available in
Las Vegas and will rollout in several other cities in the coming months.
"The margins on prostitution are very attractive. We make less than 5%
profit on each airline ticket, but almost 70% on each hummer," said senior
VP Tim Melkins. "We feel this service will be profitable from the start."

Priceline hopes to build synergies by cross-marketing hotel rooms to the
prostitution customers. Melkins said, "We think that the harried business
traveler will appreciate the fact that they can get airline tickets, hotel
rooms and now prostitutes all at one site."

Prospective customers will be able to select the gender of their prostitute
and the service they require. Customers cannot select size or ethnicity of
their hooker, and must enter credit card number before placing a bid. A
prostitute will then be selected using Priceline's demand collection system.
Once bidding process is complete the prostitute will then be dispatched to
the customers requested location.

Priceline claims the bid acceptance ratio for prostitutes will be much
higher than airline tickets. "We have people that will do just about
anything for any price," said Mr. Melkins.

Priceline will launching the new service with television and radio ads
featuring William Shatner dressed as a pimp singing "Brown, sugar, how come
you taste, so good?"

Priceline's stock was up on the news.



To: Terry Whitman who wrote (38052)11/16/2000 1:12:41 PM
From: wlheatmoon  Respond to of 436258
 
yeah,,,,yields that high gotta make you wonder. thanks.

tscm....wow....1.7B market cap down to 83M. talk about dead money.