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


To: VALUESPEC who wrote (1071)7/16/1998 12:50:00 PM
From: Doug Bean  Read Replies (2) | Respond to of 3627
 
VS:
In my mind there is no choice to be made ,, Forbes has to go period.
He was either deeply involved with this deal and hoped to keep it hidden until he was in firm control... Or he was such a figurehead that others were criminally over-stating earnings and he wasn't involved enough to know.
There does not seem to be a profit angle for others to do it , he was the one that profited the most by being able to leverage himself into the line of succession of CD.
This guy is either a crook or a dullard. Which ever it is the answer is the same. The stockholders will never stand for him to stay in command.
CRDoug



To: VALUESPEC who wrote (1071)7/16/1998 1:44:00 PM
From: mark garner  Respond to of 3627
 
have u sold yet? just wanted to
know ur current position.



To: VALUESPEC who wrote (1071)7/16/1998 6:55:00 PM
From: chirodoc  Respond to of 3627
 
<<<<<barely holding $ 15.00 now. I will be very disappointed to see it go below $ 15.00

..remember when i told you that i was dollar cost averaging into CD after the drop. this is why.

......i will buy a bit more at 14 some at 12 etc.

......however, the lower it goes, the more i will buy. this is my reverse dollar cost averaging.

......that is how to make the best return during a turnaround situaiton--start buying after the drop in small increments.

.......... this basing could last for 2-6 more months--patience is a virtue in these situations.

curtis