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


To: J.Y. Wang who wrote (1242)5/8/1999 1:55:00 PM
From: Robert Rose  Respond to of 2743
 
Went to the priceline website for the first time today and was VERY impressed. Always thought it was just about travel, but no - real estate, autos and more.....

Always thought the travel business model seemed a little weak - no control over schedules and all that. But really liked the info they made available for real estate financing and auto purchases. Seems like they are doing a very thorough job designing their site. Seems like they are providing a service beyond just low price. But if they do everything else right as they seem to be doing, the "name your price" pitch really is the emotional hook. I am looking forward to using the service when it makes sense to do so.

Disclaimer: Neither long nor short the stock currently. Admit to concern about the valuation issue. Hoping the stock declines - I will be a buyer for sure!