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Non-Tech : Cendant Corporation (NYSE:CD)

CD 8.980

-7.3%

Nov 26 3:59 PM EST

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To: chalu2 who wrote (2635)	11/29/1998 2:19:00 AM
From: Michael Berkel	Read Replies (1) of 3627

News: Cendant Corp's Netmark offers the HAGGLE ZONE. Cendant's Netmark offers the Haggle Zone for shoppers who are looking for the chance to fight for the best price on popular toys over the computer, rather than paying the going rate at the traditional stores. The site (everything4less.com) has a patent pending on the haggling feature. Netmarket, which also has auction and flea market options, offers 1.700 brands and derives its revenue primarily from membership fees. Although anyone can buy products from the site, members get a larger discount, expanded warranties and a lowest-price guarantee, said Kerry O'Neil, vice president of interactive services at Cendant. (From: "Alternative shopping sites vie for Internet trade" by Reshma Kapadia. Yahoo!Finance, Friday November 27, 5:29 pm Eastern Time)

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