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


To: mfgrep who wrote (1045)5/3/1999 7:34:00 PM
From: OFW  Respond to of 2743
 
Incredible interview - simply excellent !!!!

Jay Walker (Founder) and Rick B (CEO and former President of Citicorp) were interviewed. Walker says there are 500,000 empty airline seats in America daily and they intend on filling them. He is apparently featured on this week's Forbes cover.

CEO said the company will be expanding into a credit card offering and will also be expanding into retail products. Subsidies will not last forever and they are gradually phasing them out - already reduced from previous levels.

Henry Blodgett of Merrill-Lynch said to give them a chance to prove themselves and he is giving them the benefit of the doubt at this point.

Also Walker said he believes they are already in the same league as Amazon and Ebay.

Great interview!!!!

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