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Non-Tech : Cendant Corporation (NYSE:CD) -- Ignore unavailable to you. Want to Upgrade?

To: zyx1996 who wrote (3505)	2/24/2000 8:27:00 PM
From: Zakrosian	Respond to of 3627

ZG - Thanks for the report and follow-up. It's clear that CD's management is still viewed with distrust; too bad for the short term. But they do seem to be making some fundamentally intelligent business decisions, so the more long-term prospects look fairly healthy.

To: zyx1996 who wrote (3505)	2/24/2000 9:07:00 PM
From: Dinesh	Respond to of 3627

Zeren Very interesting post from thestreet.com. I am particularly puzzled by the last para, where Bob Gabele says: I mean, when an insider exercises 3 million options and dumps more than half of the shares acquired, headlines like "Cendant Chairman Raises Stake" just don't ring true. What exactly does Bob eat drink and smoke ? What will it take him to convince that 300K to 1500K is an UP movement. It may be that he is just trying to dig up some dirt, trying to ramp up TSCM pageviews. Regards Dinesh

To: zyx1996 who wrote (3505)	4/18/2000 5:06:00 PM
From: zyx1996	Read Replies (2) \| Respond to of 3627

Cendant posts 24 percent jump in adjusted profits NEW YORK, April 18 (Reuters) - Real estate and travel franchising giant Cendant Corp. (NYSE:CD - news) posted a higher than expected 24 percent jump in first-quarter operating profits on Tuesday amid strong growth in its online operations. Cendant said it was comfortable with Wall Street's earnings targets for the year on the back of strong quarterly results. The company had net income, including unusual items, of $69 million, or 9 cents per share for the three month period compared with $362 million, or 43 cents per share, a year ago. Excluding costs of its new move.com unit and other unusual items, Cendant had profits of 26 cents per share. That beat Wall Street's estimate of 23 cents, according to a poll of eight analysts by First Call/Thomson Financial. New York-based Cendant, which settled the largest class action suit in U.S. corporate history in December, has made significant steps to bring its traditional business lines to the Internet by moving its data and services onto the Web and starting online divisions. ``Cendant is doing great things and the market hasn't recognised it,' said Paul Penney, analyst at Robertson Stephens, in comments before the results. Penney noted that Cendant's stock is undervalued, closing at 16 on the New York Stock Exchange, near its low of 13-11/16.