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


To: eDollar.com who wrote (25)2/26/1999 11:23:00 AM
From: JOHN CHEN  Read Replies (2) | Respond to of 2743
 
Wall Street Journal reports that only 10% of the bids result in a sale; Priceline.com is heavy with inventory; sometimes they have to use their own cash to supplement bids do not meet airline min. ticket price.

If you think this is a sound business model, think again.

For all article, see WSJ.