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Non-Tech : Cendant Corporation (NYSE:CD)
CD 6.140-17.5%Dec 5 9:30 AM EST
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To: bill jackman who wrote (3080)3/5/1999 7:07:00 AM
From: Maven  Read Replies (1) of 3627
 
After a series of unmitigated disasters, CD seems to be on track to enhance stockholder value. Analysts predict earnings of $1 to 1.13 for the upcoming year, which makes CD an undervalued stock, IMO.

CD management has the task of renewing the Street's faith in their ability to execute their business plan and meet earnings targets. If CD can accomplish this, a price of $25 by year-end is a reasonable expectation. Yes, I look on it as a 'value' situation.

R.S. Sheldon
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