The stock sells at 20x earnings, despite some of the best growth of any company I follow. It is a beloved system and a very cheap stock, in part because Americans, including the analyst community, don't understand it. Priceline allows you to fly and book hotels at the lowest rates. First, let me just say that I have been effusive in praising both companies, because both represent the model I most like, companies based on the modern-day convenience of technology. That's all I can say about this whopper of a deal announced this morning, Priceline to buy OpenTable for $103.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |