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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Prince who wrote (22238)1/16/1999 6:40:00 AM
From: Michael Berkel  Read Replies (1) | Respond to of 120523
 
CD to benefit from this: "Online Hotel Booking Set to Explode"
Every week, Individual Investor analyzes the hottest issues in the internet industry. In the latest issue analyst Alex Yakirevich writes:
"Ways to Play the Coming Boom"
"We think there is opportunity in the online hotel reservation market for online auctioneers, including eBay, uBid and Onsale.
In fact, Onsale already has some experience in the field. Last summer, the company signed an agreement with RESORTS CONDOMINIUM INTERNATIONAL (RCI), a vacation time share exchange provider and a division of Cendant (CD) to auction RCI's excess inventory of time shares."

Apart from the time share business, CD is heavily involved in the hotel business and is to benefit from said online hotel booking explosion.

Enjoy the ride!
Michael B.