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viveha76

viveha76
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  • We're Just Not Interested In Priceline.com [View article]
    All internet stocks are like that and PCLN seems supported by some big boys, as soon as their sentiment changes it will go much faster down like in 1999 :-( Also, it is very vulnerable to technology and competitors.
    Aug 23 06:00 PM | Likes Like |Link to Comment
  • Priceline.com (PCLN) says it plans to sell $875M worth of convertible debt, while adding some of the proceeds will be used to fund a $200M stock buyback program. The remainder of the proceeds will be use for "general corporate purposes," which could include additional buybacks. (PR)  [View news story]
    why do they need to sell ($875M), which is more than 4 times of their stock purchase ($200M), when they have lot of cash. I didn't understand the math :-). fishy to me.
    Mar 7 05:44 PM | Likes Like |Link to Comment
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