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Non-Tech : Cendant Corporation (NYSE:CD) -- Ignore unavailable to you. Want to Upgrade?


To: Ibnbatutaa who wrote (1541)8/12/1998 8:23:00 PM
From: Benkea  Read Replies (1) | Respond to of 3627
 
TGW: No, we are on the same page.

Wren: "T.G.W., based on my average cost of less than $29 a share, I will earn about 13% as long as CD keeps paying the dividend"

Actually you will earn MORE than 13% if CD STOPS paying the dividend. These dividends can't be raised or lowered at will. CD MUST pay .94 per quarter every quarter. If it doesn't, they MUST compound the interest they owe us QUARTERLY and will HAVE to pay it EVENTUALLY.

Ibnbatutaa:
"But is NetMarket profitable or is this info not readily available?"

Unlike 99.9% of internet companies, EVERY CD web-site is profitable. netmarket.com musicspot.com books.com match.com