As the stock market searches for solid ground, testing lows set after September 11th and bracing for another uncertain earnings season, those who watch the tech economy say the question of how to value technology stocks remains a riddle. "Some are still growing rapidly; others moved into a profit...
Priceline.com said it would not meet its own sales targets for the current quarter, pointing at the failure of an expected seasonal increase in airline ticket sales to materialize. The name-your-price e-tailer said that second-quarter revenue would be about 5 percent below the company's previousl...
Northwest Airlines has discontinued its relationship with online travel auctioneer Priceline. The airline reportedly is concerned by changes in Priceline's business model, which was recently modified to include a fixed-price option. But analysts said they suspect the real reason may run deeper, si...
Amid the chaos of the past two weeks, when travel companies were tripping over one another to cut deals, merge and otherwise grab whatever they could while the grabbing was good, Priceline.com was just as busy as its competitors. But Priceline might have something the others don't: a plan. It mig...
Already-troubled e-commerce stocks took their share of beatings when the market turned south last fall. Surprisingly, though, some of those dot-com issues have seen the most impressive rebounds in recent weeks. "The weakest players have been weeded out and have gone away," Morningstar e-commerce ...
Yahoo! has expanded and extended a strategic alliance with Travelocity and parent company Sabre Holdings that will give Travelocity exclusive billing on the portal giant's Web site. The deal calls for the portal to receive a share of revenue generated when Travelocity books air travel, car rental...
Less than a year after its controversial debut, travel site Orbitz has announced plans to raise as much as $125 million through an initial public offering. "This is an awfully fast IPO filing," Morningstar.com analyst David Kathman told the E-Commerce Times. "Orbitz may be trying to strike while ...
Bill Gates and Microsoft reportedly have as much as $40 billion in cash. That has not escaped the notice of analysts, who have gone out on a limb and predicted an acquisition spree over the next several years. If Microsoft really goes shopping, it will have to do so very carefully. If Gates buys ...
In an effort to recapture ground lost to such competitors as Hotwire and Orbitz, reverse auction company Priceline has become the latest travel service vendor to climb aboard the fixed-price marketing train. "Moving toward the fixed-price model helps margins," Yankee Group analyst Lisa Melsted to...
Here's a news story you will not be reading anytime soon: Executive X announced he was resigning his position at Technology Co. Y because the firm couldn't afford to pay him enough to stay. "Laying off people is no fun," X said, "and this Enron thing has everyone worried we'll go bankrupt if our ...
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