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To: Michael Berkel who wrote (266)11/29/1998 2:28:00 PM
From: Mr.Manners  Respond to of 1054
 
Michael,

you're right

go2net.newsalert.com

Netmarket uses the buying power of millions of members to keep the price of
merchandise and services low for shoppers and its members, providing the best value
on the Web. Netmarket is owned and operated by Cendant Corp. (NYSE:CD), one of
the world's foremost providers of consumer and business services.

CONTACT: Paine & Associates
Dan Gugler, 310/288-5528
dgugler@painepr.com



To: Michael Berkel who wrote (266)11/29/1998 2:36:00 PM
From: ilh1  Read Replies (1) | Respond to of 1054
 
..This has already been stated and the CEO will say more of the same on vcall:

======================================================================
From Sept 14 Nat Med release:


''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,'' said Lehman.

The Everything-4-Less shopping service will be powered interactively by NetMarket (www.netmarket.com), the leading membership-based,

At least the CEO gives out info. CD is much more tight lipped

Limit value-oriented consumer shopping site. NetMarket is owned and operated by Cendant Corporation (NYSE: CD - news), the world's premier provider of consumer and business services.

Lehman said, ''We are confident that Cendant's unequalled savvy, experience, vendor relationships, and superior services will make Everything- 4-Less an incredible success not only for National Media,

but for all the other television and cable companies we bring to the Service under our agreement with Cendant.''



To: Michael Berkel who wrote (266)11/29/1998 3:02:00 PM
From: ayahuasca  Read Replies (1) | Respond to of 1054
 
Michael, please. You are beginning to make me think either you are short NM or blindly long CD and dont want any distractions. Yes CD benefits from E4Less and so does NM. As several have already pointed out this is a collaborative effort between NM and CD. NM has been very aggresive in promoting this whole deal as beneficial to them, which it is. The details of the revenue sharing will soon become clear but the main thing to realize at this juncture is that NM is leveraging a business they are already in (selling inexpensive retail goods, which they used ot only do through TV) through the use of CD's already existing internet infrastructure. As they have said they will incur very little cost to get this endeavor up and running. In return CD gets part of the revenues from the sale of the goods. It is good for both parties!
I dont understand your need to Warn investors or to repeatedly post the same information. Thanks for sharing what you have 'uncovered', but it is nothing nefarious or worrisome.



To: Michael Berkel who wrote (266)11/29/1998 4:35:00 PM
From: wiley murray  Respond to of 1054
 
Michael:Thanks.CD/NM: Thanks for taking the time to clarify that situation for all of us who are considering buying/selling one of these stocks.