E-Commerce Times Talkback

Re: Analysts, Investors Cheer Priceline's Q2 Performance
Posted by: Nora Macaluso 2001-08-01 14:56:27

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The latest quarterly report from Priceline.com shows that the company has successfully
transformed itself from an overextended, money-losing dot-com into an online travel
company poised for success, analysts said.

Priceline shares soared in morning trading Wednesday, following news that the
"name your price" e-tailer posted a pro forma profit in the second quarter ended June
30th. "The turnaround seems to have been effective in righting the company for
profitability," Michael Legg, who follows Priceline for Jefferies & Co., told the
E-Commerce Times.

Re: Analysts, Investors Cheer Priceline's Q2 Performance
Posted by: Clem 2001-08-01 14:58:17 In reply to: Nora Macaluso

I just don't get it. Who uses Priceline? Is the memory of Shatner's commercials still so powerful?

Webvan is beloved, yet falls. Priceline is reviled, yet succeeds. Why?