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


To: elk who wrote (481)5/5/1998 12:34:00 PM
From: Jyoti sharma  Read Replies (1) | Respond to of 3627
 
elk,

It does not pay to get personal about Valuespec who is sharing his views and accomplishments. If he has made money buying CD at 19 on margin, more power to him. You do make very valid points about Silverman's integrity and business practices. As far as I know he does not own a single share of CD only some options. CD is a concept stock and Silverman has done a great job of buying companies using inflated stock as a currency. Wall street likes this kind of strategy. My own guess is if no more skeletons are found CD will fully recover and see new highs before the end of this year. Postponing shareholder meeting and shareholder lawsuits will not amount to much in the long term.

Good investing,

Jyoti