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Non-Tech : Cendant Corporation (NYSE:CD)
CD 9.640+7.2%Nov 28 9:30 AM EST
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To: VALUESPEC who wrote (2625)11/30/1998 1:04:00 PM
From: Bob Rudd  Read Replies (2) of 3627
 
Valuspec: Your post indicated you don't think CD sells stuff on the internet. Please go here netmarket.com
and shop till you drop...note that while members get lower prices, non-members are offered better selection and prices than most HOT internut vendors. Unfortunately Netmarket isn't a big profit contributor, but it isn't nearly the cashburner that many of the hot offerings are. Netmarket also has a catbird seat on AOL.
If people would take a close look at what CD offers in this space, compared to hot offerings the stock would get more of a kick than it has. A spinoff IPO wouuld accomplish this bigtime. Maybe at the Dec 9th analysts meeting HS might unveil something like this. Sure fits strategy of building shareholder value by spinning off non-core assets.
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