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

To: Todd D. Wiener who wrote (159)4/16/1998 8:32:00 AM
From: Carmine Cammarosano  Read Replies (1) | Respond to of 3627
 
This is a major blow-up stock...Wall Street hates uncertainty...lots of deals are depending on CD stock price...



To: Todd D. Wiener who wrote (159)4/16/1998 9:06:00 AM
From: Terry D  Read Replies (1) | Respond to of 3627
 
Todd -
If it is only an accounting problem with revenue recognition for first time members why is part of the charge cash? Unless I have it wrong - we are talking about failure to amortize costs/revenues in a consistent schedule.
The multiple is very much in question - the acquisitions are in trouble - accretive or not.
Forget ABI - it is going to cost twice as many shares -
AND I CANT GET A QUOTE!
Goddamnit.
There, now I feel better.
td


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