To: Richard Cunnning who wrote (1657 ) 3/14/1999 7:03:00 PM From: Jeffrey L. Henken Read Replies (1) | Respond to of 2994
Some thoughts on the potential for RDIM with an affiliated company in the shipping world: The following can be found in the March 9th issue of PC Magazine on page 9:The shipping business has been one of the major beneficiaries of the boom in e-commerce. In 1998 online shopping registered at $13 billion (with an average order amount of $55), and projected to reach $30 to $40 billion in 1999, according to Boston Consulting Group . All this shopping requires shipping, and major carriers such as Airborne Express, Federal Express, and UPS are reaping benefits. Nevertheless, e-commerce buyers and sellers may find shipping and tracking their goods confusing. A new Web-Based shipping service for online buyers and sellers, iShip.com, lets you compare rates and services across multiple carriers and find accurate pricing based on ZIP codes. You can then print certified shipping labels and ship items using the drop-box, retail outlet, or carrier of your choice. iShip tracks packages packages and sends order-status reports to customers via e-mail. Merchants can also link iShip's shipping center directly into their Web sites. iShip, which tacks on an extra 50 cents per shipment, is currently targeting low-volume shippers but plans to provide for larger Web stores soon. iship.com It seems like most RDIM investors can't see past the disastrous experience they may have had in USXP because of a reverse split. How about the potential synergies if USXP manages to do some things right besides Manhattan Concierge? RDIM's comprehensive website could end up with national delivery capabilities. What if USXP is able to finalize the announced acquisition of Skynet Miami? Then RDIM has delivery capabilities in both North and South America. If USXP gets APAC up and running effectively then RDIM could be represented in 5000 additional locations. These locations could not only give RDI Marketing greater exposure but serve as additional pick up and deliver location:biz.yahoo.com Now RDI Marketing could simply use a company like iShip but then they would miss out on a lot of potential benefits. In addition RDI Marketing is talking about shipping a lot of large ticket items not little things averaging $55 in cost. One last thought: This is a proposed affiliation, not a merger, or acquisition. If you ask me RDI Marketing is 100% in the drivers seat. The company could be heading right where we as investors want it to go. Regards, Jeff