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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: The Osprey who wrote (13872)3/29/1999 9:09:00 PM
From: Bucky Katt  Respond to of 25711
 
priceline.com Incorporated Proposed Symbol - Nasdaq: PRLN>>

A bb stock has PRLN now, so it may be changed for the ipo, I don't really know for sure.

Address:
5 High Ridge Park
Stamford, CT 06905 priceline.com
Phone: 203-705-3000
Fax: 203-595-0160

priceline.com puts a new twist on e-commerce schemes by letting consumers name their own prices for a variety of products and services. The company sells airline tickets, hotel rooms, and new cars through its Web site; buyers choose the price they want to pay, but are not given choices such as departure times or brand names. priceline.com's patented reverse auction system then communicates bids to companies willing to sell excess inventory at below-retail prices. Founded in 1997 the company launched its service in April 1998 and subsequently sold more than 10,000 airline tickets in six weeks. Prior to a planned IPO, founder Jay Walker owns nearly half the company. 10 mil. shares





To: The Osprey who wrote (13872)3/29/1999 11:48:00 PM
From: Bucky Katt  Respond to of 25711
 
Correct priceline ticker>Priceline.com sets IPO at $16 per share
STAMFORD, Conn., March 29 (Reuters) - Internet commerce firm Priceline.com Inc said on Monday it has priced its initial public offering of 10 million shares of common stock at $16 per share.

Analysts had been expecting a price of about $12-14 per share.

The shares will start trading on Tuesday on Nasdaq, under the symbol PCLN, Priceline.com said in a news release.