Gene-
In the past week, there have been several large block trades reported, from Lehman Bros. and I think Bear Stearns. Several funds have announced increasing their positions in CUC. For example, Liberty Financial, a closed end fund, recently announced a major increase in CUC holdings.
CUC Software was the best-selling company of games software for the PC market in January. I think they can remain in that spot indefinitely, also perhaps topping the educational software market. I expect CUC to acquire a console-game software maker, in order to enter the Saturn, Playstation & Nintendo 64 market.
CUC has been acquiring internet companies like gangbusters, and they are very well positioned to become the best-selling consumer product/services company on the World Wide Web. For example, they own Book Stacks, books.com , and Musicspot, musicspot.com , the second largest online music retailer, next to Columbia House.
Earnings should increase at least 30% annually for the next several years.
TDW |
