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To: PeterGx who wrote (5437)12/31/1997 10:27:00 PM
From: Bill Harmond  Read Replies (1) | Respond to of 27307
 
Peter,

Hate to say it, but you're way behind the curve. CUC was not a junk-mail company, and CUC had the members, not HFS. Of course, HFS has customer lists of its own, but not nearly the CUC count.

>>little of their success will be contributable to their NET ventures.

Web-enabling their operations allows them to cut back their telesales staff and communications infrastructure, lowering their biggest expense and expanding margins.