priceline mit gewinnwarnung

biz.yahoo.com/n/p/pcln.html

                   PCLN - 2,38$ auf nur noch 7,00$ = - 25,3%

Priceline hat wohl endgültig den letzten Flug angetreten, nämlich den Sturzflug ins Bodenlose.

                          Gr.Gr.

Before the Bell - Priceline.com slips

NEW YORK, Oct 5 (Reuters) - Shares in Priceline.com Inc. (NasdaqNM:PCLN - news), which matches buyers and sellers of goods and services on the Internet, slipped in pre-opening trade on Thursday after the company said its Webhouse gas-and-groceries licensee would cease operating.

Priceline.com fell to $7 on the Instinet electronic broker system from a Wednesday close of $9-3/8.

Priceline.com Vice Chairman Jay Walker told Reuters that Webhouse would wind down operations over the next 90 days. Priceline was unable to raise enough capital to keep Webhouse running.

Insider Trading Clues  

Naming Their Price for Priceline.com
By Craig Columbus

President, insiderSCORES.com

Prior to the recent announcement that PRICELINE.COM (PCLN) would not meet estimates, the company experienced a run of insider selling. In August, insiders at the e-commerce company sold 8.2 million shares at $23.75 to $25.38 a share. Founder and vice chairman Jay S. Walker was responsible for the bulk of the selling, selling 8 million shares. Richard S. Braddock, PRICELINE's chairman and chief executive officer, sold 100,000 shares. Nicholas J. Nicholas, a director, also sold 100,000 shares.

Mr. Walker's sale was the second largest on record at the company. It also represents a reversal in his thinking. In November 1999, Mr. Walker purchased 2 million shares. At the time of Mr. Walker's sale, PRICELINE.COM had fallen 77% from its 52-week high. The stock dropped precipitously after the company warned analysts and investors about the third quarter on Sept. 27, and closed on Sept. 29 at $11.88.

Yardsale.Der arme Byblos!Hat sie nach der Gewinnwarnung gleich geholt. Internet stocks were held down by steep losses in shares of Priceline.com (PCLN: news, msgs) after the online retailer said two of its licensees -- WebHouse Club, a seller of groceries, and used merchandise seller Perfect Yardsale -- would close in the coming months. The news comes about a week after Priceline warned that third-quarter revenue would come in below expectations.
Die dürfte wohl noch weiter fallen.

Priceline.com Faces Shareholder Lawsuit Scott & Scott, LLC Announces Class Periods

COLCHESTER, Conn., Oct. 6 /PRNewswire/ --Scott & Scott, LLC, a Connecticut-based law firm, filed suit in the United States District Court for the District of Connecticut on behalf of all persons who purchased the common stock of Priceline.com, Inc. (Nasdaq: PCLN) from July 24, 2000 through September 26, 2000.

The complaint alleges that Priceline.com and certain of its directors and officers violated the Securities Exchange Act of 1934 by issuing false and misleading statements. It contends that Priceline.com did not disclose that its third quarter results would not meet expectations even though it knew that it would not due to lower than anticipated sales. That, coupled with insider trading and the disclosure of missed earnings on September 27, 2000, caused shareholders to lose 42% value on that date when shares plunged from $18.64 to $10.75.

If you wish to discuss this action or your rights regarding it, please contact David R. Scott or Neil Rothstein at 1-800-404-7770 or e-mail at nrothstein@scott-scott.com.

Scott & Scott, LLC is a Connecticut-based law firm engaged in the representation of public and private companies, institutions, funds, individuals and other entities in complex litigation, transactions and trials. The firm's nationwide practice in areas of securities, antitrust and consumer matters is founded upon its ongoing dedication to client satisfaction and communication. The firm's attorneys litigate in both federal and state courts throughout the nation on cases with worldwide implications.

Other securities class actions recently filed:

   Tenfold Corporation      Purchasers from 1/18/00-8/14/00
   Mercator Software, Inc.  Purchasers from 4/20/00-8/21/00
   Xcelera.com, Inc.        Purchasers from 3/22/00-8/9/00

If you would like to obtain more information about these cases and would like to discuss the matters above with an attorney, please contact: David R. Scott or Neil Rothstein at 800-404-7770 or e-mail at scottlaw@scott-scott.com.

SOURCE Scott & Scott, LLC

/CONTACT: David R. Scott or Neil Rothstein, both of Scott & Scott, LLC,
800-404-7770, or scottlaw@scott-scott.com/