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

To: Bootz who wrote (2941)	1/28/1999 2:10:00 AM
From: timbur	Read Replies (1) \| Respond to of 3627

Knocking Bootz Bootz sez: Grow up and get a life! Huh? I know I'd be pissed if someone screwed up my order for a $900 camera. Then again, I probably would have cancelled the order sometime in December. Especially if they had already charged my card. (Have they, Bob?) Has your bank or charge card never mishandled a transaction? Has Amazon or any other Net store never failed to meet your every expectation? Has your local grocery store never overcharged you on a bar-code scan? I guess I'm lucky. I've had no problems with my banks or credit cards. Amazon has NEVER given me any problems, and I spent over $1,000 with them last year. In fact, they've given me superlative service, often upgrading my shipment levels for no charge. Despite all the horror anecdotes, I've never had any problems with any (other) Net store. As far as the grocer goes, it's not analogous since those transactions are performed face-to-face. And no, I've rarely had a problem with the scanners. Who cares about a buck every once in a while anyway? We don't care! CD is a gigantic cash cow! Don't you get it? Ramada Inns, Century 21, Avis car rentals, etc. What about this picture don't you understand? Don't want your shares of CD? Sell 'em! From the investor's perspective, you're correct. CD, rather HFS, has been a tremendous cash cow. And I've not seen any reason to expect this to change, at least for the HFS side of CD. But not everyone invests in companies just on the numbers. Some of us like to do what Peter Lynch suggests and invest in companies we like to patronize. Bob, myself, and you too Bootz have all pointed out problems with what could be a very promising avenue for future revenues for CD. I would prefer that anyone who is speculating on CD based upon future internet sales realize that, at least with regard to NetMarket, this is not a good bet. I personally believe that purchasing clubs for items easily procured online will not work due to the nature of the internet: high competition, easy access to data and prices, and users who know how to do online research. Purchasing clubs for clothes, food, and similar items may still be able to thrive though. Cheers, Tim