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Non-Tech : Cendant Corporation (NYSE:CD)
CD 5.920-4.4%Dec 23 3:59 PM EST
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To: Doug Fowler who wrote (1091)7/16/1998 7:11:00 PM
From: chirodoc   of 3627
 
don't forget folks, we are nearing value of HFS minus CUC

patient people will make a lot of money in 6-12 months--but you must be patient

from yahoo boards

<- Previous Next -> Message 10808 of 10844Reply Foreskin derails the Cendant trainply2lose
Jul 16 1998
5:41PM EDTMr.Foreskin definitely has got to go. Someone has to build the tracks back and get this train back on schedule. Apologies to anyone who listened to me in an earlier post that said we are going to 35. I bought too much myself and I still believe that it will be alright in time. Cendant is worth about $13 without CUC. Stock is falling on emotion not facts. Still think stock can at least reach 30 but it may take a few years. Wish I could buy more now. Downside looks like about 12 and upside at least 25 so it really looks like a good buy now. I remember when Citicorp was in trouble and the fear mongers said they may fail and the stock went to 9. One man, Heiko Thieme. said it would be a $100 stock by the end of the decade. He was wrong, it hit 180 recently. One must invest with a longer time horizon. It will cut your commissions. The losers are the owners of the mutual funds who are all selling in an effort to beat the S&P and this is why most fail as they over trade.
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