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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: kumar who wrote (42831)	5/21/2001 1:24:02 AM
From: saukriver	Read Replies (1) of 54805

Yes, if you use a credit card and do not opt out by July 1 of a policy that says that the credit card company can freely share your information, your account and purchase information can be shared freely. Where's the problem? First, your privacy will likely be invaded. Let's say you buy a toaster. Now a slew of bagel companies know you have a toaster and the credit card company has your phone number. So, they buy the information from the credit card company and call you incessantly at home trying to sell you bagels. You may politely decline, but then the next bagel company calls. Second, why would you want someone getting your credit card number without knowing who that might be? Third, if you could not care less about your privacy or security, perhaps greed is a motivator. Your information will be sold, and you will not get a cut. If you opt out of the credit card company's policy, they have to come to you will some value proposition that makes it worthwhile for you to let them transfer the information (or some subset of the information) about you. saukriver

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