Cendant Corporation (NYSE:CD) Message Board

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Non-Tech : Cendant Corporation (NYSE:CD)

CD 6.245

-15.8%

2:18 PM EST

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To: BostonView who wrote (3049)	2/13/1999 11:12:00 AM
From: Larry S.	Read Replies (1) of 3627

Boston, I can only agree with you. I have invested in CD for over a year now, first buying at 19 on the way down, buying some at 10 !/2 and trading several times along the way. my most recent purchases were in the 20$ range. I am long a bunch, but did write some Feb 20 calls for 1 3/4 when it ran up about a month ago. at this point, that looks like a good move. I think the market reacted to the statement about first half earnings being slightly below expectation. that, plus a market that has moved very far very fast and needs some respite. the chart on Cd is of concern 15-17 is very important support. and probably a good buying op. larry

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