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1999apr22. Investigation into Priceline.com’s machinations ... “If it finds [a price lower than you’re willing to pay], the computer will confirm the sale and Priceline will pocket the difference between the quoted fare price by the airline and the price you’ve offered to pay.” So of course, the next big thing to come down the pike will be pricelinebot.com, where you can send off a stupid “smart agent” to priceline.com and make sure you get the ACTUAL lowest price for a plane seat and not priceline’s artificial low price. This domain is worth FOURTEEN BILLION dollars? Can I be the one to start Internet Panic 1999? Sell, my little internet trading loser cash-ambulance chasers. SELL LIKE THERE’S NO TOMORROW!!! BUY GOLD! STOCKPILE WATER! (this message brought to you by the Gold & Water Stock Panic Creation Council GmbH) [via robot wisdom]