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


To: Teri Stephenson who wrote (158)4/16/1998 12:03:00 AM
From: Todd D. Wiener  Read Replies (2) | Respond to of 3627
 
The stock is going to fall significantly upon the market open, perhaps to approximately $20. This will eventually turn out to be a tremendous buying opportunity--hopefully. Unless one plans to sell at the open and buy back in a few weeks, it's probably not a good idea to sell tomorrow. Most of the damage has already been done, and assuming the problem is a one-time 11-13% effect, the stock will become increasingly undervalued.

Todd



To: Teri Stephenson who wrote (158)4/16/1998 1:28:00 PM
From: Teri Stephenson  Respond to of 3627
 
New York Times:

nytimes.com

Most is redundant but for some could be worth a read.