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To: Tri Bui who wrote (571)11/29/1998 2:28:00 AM
From: Michael Berkel  Respond to of 27722
 
News: Cendant (CD) offers the HAGGLE ZONE!
Cendant Corp.'s (NYSE: CD-news) 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 (http://www.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.
Searching for discounts is a mission for many shoppers, and many Internet retailers are hoping to grab market share by appealing to those looking to buy on the cheap. Many of these players are able to undercut the prices of traditional retailers because they have lower costs.

(Source: "Alternative shopping sites vie for Internet trade" by Reshma Kapadia, Yahoo!Finance, Friday November 27, 5:29pm Eastern Time)



To: Tri Bui who wrote (571)11/29/1998 2:48:00 AM
From: Mr. Park  Read Replies (1) | Respond to of 27722
 
I think 18-20 is very easy. The internet craze will shoot this one to the moon. I would hold for 30+.



To: Tri Bui who wrote (571)11/29/1998 1:21:00 PM
From: ilh1  Respond to of 27722
 
Note this: CNET's Sept 14th press coverage of National Media (NM).... E4L is owned by NM and not CD.

a) Cost for the site to NM is negligible.
b) NM will support E4L with $100 million in television media.
c) (The Commercial are out and running NOW.)
d) E4L will generate millions of dollars of revenue and cash flow on a recurring basis and at little additional cost

======================================================================

Infomercial firm plans e-commerce site
By Reuters
Special to CNET News.com
September 14, 1998, 12:30 p.m. PT

LOS ANGELES--Infomercial giant National Media Corporation is planning to launch a membership-based online shopping service.

Bruce Goodman, senior vice president, declined to specify the cost National Media will incur to start the service, saying only it will be "negligible."

The company will promote the service, which connects consumers with vendors, during 3 1/2 minutes of its half-hour infomercials, Goodman said. The infomercials air more than 2,000 times per week in the United States, the company said.

The online service and promotions will begin within 60 days, Goodman said.

The Everything-4-Less shopping service will be supported by nearly $100 million in television media.

"We believe Everything-4-Less has the potential to generate millions of dollars of revenue and cash flow on a recurring basis and at little additional cost or risk simply by leveraging our existing infrastructure," Stephen Lehman, acting chief executive, said in a statement.