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


To: robert emann who wrote (580)5/12/1998 9:02:00 AM
From: Jyoti sharma  Read Replies (1) | Respond to of 3627
 
robert,

Could you please post a brief summary of JD's reasons for recommending CD.
On Amer Bankers probability of the deal falling apart is very low. Silverman's speciality is making deals. He must have done something to get ABI management on his side.
On accounting, I think they had enough time to go thru the books to know the real scope of the problem. Chances of additional new accounting issues are remote. This of course presumes that CD's management is not made up of crooks. My own instinct tells me this is a good low risk situation to make money.

Jyoti



To: robert emann who wrote (580)5/12/1998 9:04:00 PM
From: Brian K Crawford  Respond to of 3627
 
<<what's the rationale for acquiring National Parking?>>

Autos==>travel==>lodging==>road hazard and towing==>
time share exchanges==>car rentals==>???

round and round they cross-sell....

Brian



To: robert emann who wrote (580)5/13/1998 12:21:00 AM
From: Fred Fraschetti  Respond to of 3627
 
He recommended SInger at 22 its now 8 dollars.... FYI