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Non-Tech : Cendant Corporation (NYSE:CD)
CD 7.180-5.7%3:59 PM EST

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To: Benkea who wrote (1220)7/25/1998 9:55:00 AM
From: jjs_ynot  Read Replies (1) of 3627
 
Additionally CD is sitting on a tangible discounted book value of $4. per share. These assets are counted at acquisition cost such as the minority position in XCIT. At today's market value; they could be easily worth twice that much.

Plus no value is assigned to the brands such as Century 21, Coldwell-Banker, Avis, etc. and they are worth plenty. OXHP shows a book value of $3.79 but this is for assets who's only value is in health care delivery. They have no alternative "street" value. My thoughts FWIW.
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