THE PRICELINE PROPOSITION

STAMFORD, Conn. -- Jay Walker plans to revolutionize the grocery industry, the way he has shaken up hotels, airlines and other businessesHe speaks the language of the Internet and waves the flag of Priceline.com, his "name-your-own-price" on-line service, based here, that invaded the U.S. grocery sector last November by establishing a beachhead on the East Coast through a licensing arrangement."The

STAMFORD, Conn. -- Jay Walker plans to revolutionize the grocery industry, the way he has shaken up hotels, airlines and other businesses

He speaks the language of the Internet and waves the flag of Priceline.com, his "name-your-own-price" on-line service, based here, that invaded the U.S. grocery sector last November by establishing a beachhead on the East Coast through a licensing arrangement.

"The Internet is going to change the rules; everyone knows that in their bones," W

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