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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: JSB who wrote (19291)11/29/1998 3:41:00 PM
From: Michael Berkel  Read Replies (3) of 120523
 
CD makes the money. Everything4less is owned and operated by CD.
CD will be sharing the revenues with NM as remuneration for NM's marketing exercise. What percentage NM will receive is an unknown, but my personal view is that CD will receive the lion share here, since everything4less is in fact a Netmarket business and Netmarket is one of the online products of Cendant.
Hope this helps.
Michael B.
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