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


To: Tom Hua who wrote (1435)5/22/1999 11:40:00 PM
From: Robert Rose  Read Replies (2) | Respond to of 2743
 
Interesting stat, Tom. But seriously, if the stock is sitting on its 10-day ema in this kind of inet correction, it strikes me as a very risky short, regardless of any merit in the fundamental fact you just pointed out. Hope you can answer honestly and openly, as I admit to not really understanding the mindset of inet shorts in this greatest of all bull markets. Of course I imagine that at some point there may be a peak, but I would not want to pretend to know when to call it. Am really interested in understanding your point of view, as you seem like a cool, sharp guy. Thanks. Rob.



To: Tom Hua who wrote (1435)5/23/1999 12:29:00 AM
From: B. A. Marlow  Read Replies (2) | Respond to of 2743
 
Bet PCLN's sales per employee are pretty high, too, Tom. BAM (EOM)

"While Kiggen's sales projections are a mere $402 million in 2000 and profitability not expected until 2001, he does offer up a new way to view Priceline.com by saying it has "effectively created its own e-commerce ecosystem."

Kiggen said Priceline's brand and technology is the "air and water of this ecosystem, breathing life into a powerful new way of commerce that never existed previously." Priceline recently surpassed 1 million customers and sold over 7,000 airline tickets in a single day, noted Kiggen."

cbs.marketwatch.com