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Non-Tech : Cendant Corporation (NYSE:CD)
CD 9.620+7.1%Nov 28 12:59 PM EST

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To: Bob Rudd who wrote (2624)11/28/1998 4:45:00 PM
From: VALUESPEC  Read Replies (3) of 3627
 
If CD's internet holdings are not considered as exciting because CD is not selling the products being sold over the internet. All they are doing is providing memeberships. Personally, I think CD's model is superior, but the market does not think so. Products like books will become a commodity. The sellers of those books will make little, if anything, in my opinion. It should just get worse as technology increases and more enter the market to sell books, etc.

CD is definitely going up, in part, to the bond issue. The stock buyback should begin soon. It looks like CD has a good chance of going above $ 19.99 before December 31st.

Just think, several weeks ago, one could have bought CD for less than $ 7.00.

The markets are not efficient !

CD: $ 18.00

VALUESPEC
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