Priceline Remains Financially Strong
By Don Nadeau, on January 26, 2009, in Priceline General
Priceline survived the dot com crash with prudent money management and those habits continue. Low on debt and strong on cash, with low operating costs, Priceline stands ready for the current era.
Priceline does better when it has lots of low cost inventory. That gets “Name your own price” offers accepted.
With travel generally down, you have the greatest chance of getting low prices. That’s good for you and good for Priceline.
