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Non-Tech : Cendant Corporation (NYSE:CD)
CD 7.180-5.7%Dec 12 3:59 PM EST
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To: Todd D. Wiener who wrote (127)3/21/1998 1:04:00 PM
From: 16yearcycle  Read Replies (3) of 3627
 
It appears dirt cheap to me, as a mixed play between consumer products and the internet. A pe of 30 or so on this years earnings, with growth rates exceeding 30%?! I can't understand why it is so cheap, unless it is simply the confusion and complications of the fields they are in and the merger.

There are not too many companies selling at reasonable prices right now.

What am I missing? Why should it not go to 52+ at some time this year?(1.30 x 40pe = 52)

Gene
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