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Non-Tech : Cendant Corporation (NYSE:CD)
CD 5.5100.0%Dec 18 3:59 PM EST

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To: Gene Weisskopf who wrote (995)7/14/1998 4:07:00 PM
From: VALUESPEC  Read Replies (2) of 3627
 
If CD has another bad fall like it just had, it will ruin my year. I am now somewhat close to the edge. At close to a 15 PE the next 12 months and large cap with its audit to be released just around the corner, this drop could end up being the last great buying opportunity.

. . . then again, what if the craziness is not over? What if it keeps falling like it has been?

. . . that is the risk one takes when catching a falling knife.

Below $ 14 would definitely disappoint me, though I'm not sure if I would sell any even at that price.

CD: ~ $ 15.50a

VALUESPEC "Maybe I'll make my money back now "
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