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Non-Tech : Cendant Corporation (NYSE:CD)

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To: J Bertrand who wrote (2988)2/3/1999 9:12:00 PM
From: Benkea  Read Replies (1) of 3627
 
"You are talking about Henry Silverman's company."

That's what I am AFRAID of!!!

"Remember, the earnings estimates from last year you are talking about
were based on a stock that was trading in the 40's not the 20's."

Actually it was just in the low $30s this time last year going into the Q4 97 EPS report and Cendant was showing 47% year over growth (while fictitious) as opposed to a 32% decrease from the fictitious ones this go round.

"I base it on how consistent Henry Silverman has been with HFS."

Well the terrific merger he orchestrated kinda blew that consistency totally to hell which is why he still needs to be kept on a short leash when it comes to having confidence in him.
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