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Non-Tech : Cendant Corporation (NYSE:CD)
CD 7.180-5.2%Dec 12 3:59 PM EST

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To: ayn rand who wrote (469)5/5/1998 8:00:00 AM
From: VALUESPEC  Read Replies (1) of 3627
 
Ron, apparently the numbers are correct. I found this listed on DowJones recaps on AOL News:

<<* Cendant Corp. <CD.N> reported earnings of $230 million for the first quarter, slightly outpacing analysts' expectations.>>

.26 per share is excellent. The company's projections of not seeing any reason why earnings growth won't continue like this is great affirmation of previous words by the CEO.

I was disappointed to see the Annual Meeting held off, but that is probably a good idea. By then the ABI and accounting situations should be behind us and they will have much more to say to us.

I am very pleased with everything so far.

VALUESPEC
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