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

To: Wolf 2 who wrote (2692)	11/30/1998 12:25:00 AM
From: Jeff Lins	Read Replies (1) \| Respond to of 3627

Well, I can't complain about recent stock performance...have been happy! Hey, I managed to pick up quite a bit in the single digits, so this thing is working out for me...I am back in the black (just a thought- do you think AC/DC were referring to stocks when they wrote back in black?). Anyway, perhaps this defense would work: I own a tiny percent of CD's future cash flows. One day Silverman decides to reprice his options. He has put himself in a position to "steal" some of my future cash flows by diluting the stock :) Perhaps the real crime is that what he did is legal...how can this POSSIBLY not require shareholder approval... As for the NM deal...all I can say is that I am confused. Surely if CD were just to pay NM for their marketing, they would be hyping the NetMarket site...So I get the feeling that NM is paying for the advertising (good thing too!) and that the service at E4L and NM are the same, it is simply a way to acknowledge that NM was responsible for the "referral" and thus NM gets the money. The question is how does CD profit...do they share in revenues? A chunk of the membership fee? A flat fee?