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Priceline.com: Making Profits, Fearing Future

Stock quotes in this article: OWW , EXPE , PCLN  

Travel bookings at Priceline.com(PCLN Quote)are up -- for now.

But while the company posted an 81% surge in first-quarter earnings, executives say they are hesitant to provide full-year guidance, believing the recession and those nettlesome swine flu fears will hurt travel demand.

Income reached $25 million, or 53 cents a share, compared with $13.8 million, or 28 cents, last year. But minus expenses and other items, the company actually earned $1.09 a share, beating analysts' forecast of 91 cents. ...

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