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Technology Stocks : INTERNET MANIA! Day Trading Net Stocks

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To: wiley murray who wrote (68)11/28/1998 4:10:00 PM
From: Michael Berkel  Read Replies (1) of 1054
 
Cendant (CD) is a leading ONLINE (r)-etailer of consumer products and services. For example everything4less.com (Netmarket) is owned by CD.
This website is providing the cheapest products on the Internet. A digital camera is offered here for 100 dollar less than on competitive sites. And the beauty is...CD is STILL not valued as a redhot Internet stock like ONSL and COOL. In fact CD is still suffering from its CUC debacle when the stock fell from the mid fifties to single digit figures.
The policy of Cendant's CEO is to concentrate on its core business and it will soon start spinning off their online ventures, either through very lucrative IPO's or a major sale. Whatever will happen, big money is coming CD's way.
Happy trading!
Michael B.
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