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Pastimes : John Dessauer's Investors World

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To: The Verve who wrote (2197)10/26/1999 1:22:00 AM
From: DWB  Read Replies (2) of 2346
 
I think Cendant looks awfully tempting down here, I've just got a small problem... I don't know what to sell in order to buy more.... I'm starting to think that PPE may be looking a bit top heavy at these levels, but the addition of Ceasar's next year should help it continue to grow... but will it double in the next 12 months, like I think CD could easily do? Decisions, decisions, decisions...

I think Rite Aid might be a good bounce back purchase at these levels, but it will probably take a while to settle all of the corporate sales, shareholder lawsuits, etc., and get back on Wall Street's good side. Kind of like what Cendant has already gone through. If they can just get past that pending shareholder suit, I think the sky is the limit for CD, which is why I already have a good bit of it, bought during the drop to the single digits...

DWB
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