priceline.com (PCLN) was up 3.3% in preopen Island trading. After Thursday's close, the name-your-own-price outfit announced it would cut 48 jobs, or 11% of its workforce. It also indefinitely postponed the introduction of its business-to-business, term life and cell phone services, ended efforts to expand to Japan and said it would take unspecified restructuring charges in the fourth quarter. The stock hit a 52-week low of 1.69 in the regular session Thursday, down from a year-high of 104.25.