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


To: Jim Ray who wrote (1121)5/5/1999 12:39:00 AM
From: Kaliico  Respond to of 2743
 
Apples and oranges, shorts and longs.

You have to ask yourself why PCLN ran up so fast. It's the business model. Its almost perfect, running in a perfect medium.

Airline tickets are .0001% of the pie. Never before has "industry" been able to deal with excess production clearance. Now it does and the agent to move all the excess is PCLN.

Shorts win here briefly, when the PCLN prophecy takes hold, the sky is the limit.

I do not recommend a short or long position in PCLN, but to get a good nights sleep.