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Non-Tech : SPIN-OFFS "secret hiding places of stock market profits"

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From: 2494435/30/2006 2:50:44 PM
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Thread, do you have any opinion on CD at a $16 price? I've read the materials; listened to the 5.5 hour investor day conference call and still have my doubts. Maybe that's a good sign that there is a 25-30% upside in the collective breakup valuation. Mgmt today released down Realogy results due to the housing market.

The only component I really like is the Wyndham/hotel/time share component. Yet, at 16 - I don't have a clear picture on this one.

High energy, raising interest rates have to impact travel (ie hotels, rental cars Avis/Budget); and interest rates alone will impact real estate ( ie Realogy).

Any general thoughts on this one?
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