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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (35058)8/27/2009 9:51:56 AM
From: Spekulatius  Read Replies (1) of 78740
 
CAH, CFN. Effective spinoff date for Carefusion (medical equipment division of CAH) was August 25. the new ticker symbol for Carefusion is CFN. The warrants have started to trade already:

finance.yahoo.com

CFN looks somewhat expensive to me. Earning estimates 1.1-1.2, current price is 18$. I am not sure if I hold on, might sell. I will hold on the core CAH - that one should be trading at 10x earnings or thereabouts.
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