Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: John Lee CA who wrote (19195)	11/26/1998 4:44:00 PM
From: Michael Berkel	Read Replies (1) of 120523

NM and CD. Shares of CD were trading at a high of 16-7/8 after Wednesday's close. The company is in a turn-around situation and is rapidly getting back on track. Remember Netmarket is an Internet asset and subsidiary of CD. A company called National Media (NM) just opened a site called everything4less.com. This site is a front door to CD's Netmarket site. CD will be sharing the revenues generated via the new door to the Netmarket site with NM. NM is going to promote the new door to the Netmarket site through 3.000 hours of infomercials per week. On the last conference call CD's CEO announced that he is merely focusing on CD's core business. This means he might be interested in spinning off the internet assets as IPO's. In order to increase CD's value he might do a split 50/50 spin off, giving 50% to the CD shareholders and 50% to the public. This all bodes well for CD. Michael Berkel

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