To: Swingdr1 who wrote (19226 ) 11/30/1998 7:44:00 PM From: Captain Ed Read Replies (2) | Respond to
CD owns Netmarket.com, which is the same thing as Everything4Less.come4l.com , I found that there was no mention of NM. This disturbed me greatly. In fact, it disturbed me to the point where I sold half my NM and bought NAVR and CD options; I also signed up for the 3 month membership in the site. I have read that they have incredible prices, and I am all for shopping on the net. I hate going to malls, etc. But, there is no mention on the page of NM. This is a major problem. CD has had the web site out there for over a year. They sell over $1B worth of merchandise through the site (at least that is my understanding...do your own DD). It is clearly a winner, and it looks like CD teamed up with NM to promote the site. NM is known for their infomercials. They are master's of promotion. So, they promote the site -- E4Less.com or Netmarket.com (they are the same), and CD and NM split the profits. They both win. The problem is, the average internet user, who sees the ad and goes to the site, does not see any mention of NM. All they see is CD. Thus, CD stock goes up, and NM stock goes down. While the project will definitely add to the bottom line of NM (and CD), CD, IMO, is the bigger winner at this point because NM is not mentioned on the web page.
