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

To: NightHawkZ who wrote (1388)	5/19/1999 10:44:00 PM
From: radames	Respond to of 2743

be very carefull shorting pcln going foward i just checked some news on market watch and their was someone who overheard jay walker talking about getting pcln into the financial services industry,,if this happens the stock will explode,,, i don't believe in the company or the business model and was looking to short but with this possibility i'll sit out.this could send the stock to 200+very easily,,

To: NightHawkZ who wrote (1388)	5/19/1999 11:16:00 PM
From: Tom Hua	Read Replies (1) \| Respond to of 2743

NH, below are excerpts from an CBS MarketWatch article last month. I wonder if SEC will take issue with how PCLN records its revenue. It seems PCLN 's reportable revenue should be an order of magnitude smaller than what they reported. Regards, Tom Priceline.com provides a "name your price" marketplace on the Web, mostly for travel and financial services. Consumers can place a bid for items such as airline tickets, and Priceline.com aims to find a willing seller. Priceline does not take in that revenue. Instead, the company makes the spread between what a customer pays and the cost of the item. The company doesn't break out the spread it makes, but it's generally around $10 for an airline ticket. By determining the spread, Priceline has more control over margins.