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Non-Tech : Cendant Corporation (NYSE:CD)
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To: Wren who wrote (2605)11/25/1998 1:07:00 PM
From: Frank  Read Replies (1) of 3627
 
Yes, does anybody have a clue, this is too strong a move given the lack of publicly disclosed news. Normally, it blip and blaps more than anything else. The only big news was sale of the software biz, and that was awhile back.

The debt restructuring doesn't justify this move up, and it does look odd.

I'm not a technician, but any comments at all would be appreciated.
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