The company's stock more than tripled from the offering price on opening day, making the three year-old company worth $6 billion.
The stock has more than tripled since the firm went public.
Its stock had nearly tripled in the last year before losing virtually all of that gain yesterday.
"And when we got done," he added, shaking his head in wonder, "the stock had tripled."
"It was a legitimate buy," he said, noting that the stock tripled over the next three years.
Publicly traded for less than a year, Priceline.com's stock has more than tripled from its $16 offering price.
The stock tripled in price between early 1982 and mid-1983, reaching a record high of $56.625.
The company's stock has tripled in the last four years, to just under $60.
The stock has nearly tripled from a post-crash low of near $8.
It stock has more than tripled in the last 12 months.