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


To: ayn rand who wrote (469)5/5/1998 8:00:00 AM
From: VALUESPEC  Read Replies (1) | Respond to of 3627
 
Ron, apparently the numbers are correct. I found this listed on DowJones recaps on AOL News:

<<* Cendant Corp. <CD.N> reported earnings of $230 million for the first quarter, slightly outpacing analysts' expectations.>>

.26 per share is excellent. The company's projections of not seeing any reason why earnings growth won't continue like this is great affirmation of previous words by the CEO.

I was disappointed to see the Annual Meeting held off, but that is probably a good idea. By then the ABI and accounting situations should be behind us and they will have much more to say to us.

I am very pleased with everything so far.

VALUESPEC



To: ayn rand who wrote (469)5/5/1998 8:25:00 AM
From: Stevie  Read Replies (2) | Respond to of 3627
 
.26cents VS First Call Estimate .25
Just verified off the Dow Jones Broadtape wire...

Report looks GOOD!!
Particularly statement that he sees no reason for growth not to continue.
As for annual meeting delayed..I think i;d wanna have the full audit with me also to present all the facts..so..not a concern of mine.
Good Luck to ALL
GOOOOOOO CD!!!
Stevie

PS..whatever happened to that guy from a couple weeks ago..who bought puts at 40..covered at 36 and hated this at 19??
Nick was his name??
Hmmm...maybe VAluespec was RIGHT about it???