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


To: Doug Fowler who wrote (1091)7/16/1998 5:29:00 PM
From: cpa  Respond to of 3627
 
All longs here should cheer up. Cendant recently signed a deal for its software divisions to distribute their products thru the use of a Wave meter.

The company Wave Systems Corp. (www.wave.com) has the newest and greatest system for distribution. Check it out, also check out the SI thread at WAVX.

This new system will greatly increase Cendants profitability in 1999 for the software companies.

Hang in there guys.

BTW, there is no press release on this because Cendant does not want to piss off any current distribution channels, because the wave system will not be fully operational until early 1999.

CPA



To: Doug Fowler who wrote (1091)7/16/1998 5:38:00 PM
From: VLAD  Respond to of 3627
 
FWIW,

I day traded this stock today and yesterday. I noted a lot of institutional support yesterday at 15 9/16 to 15 5/8. This afternoon I noticed massive dumping of very large blocks. I believe that no fund manager wants to hold this stock this quarter until the smoke clears. I bought and sold yesterday at 15 9/16 for a flat trade. Today I thought it was going to hold in the 15's based on yesterdays trading. I made the mistake of buying at 15 5/16 and then doubling down at 15 3/16 to only watch further price erosion to the low 14's. I got out at the close at 14 5/8 for a loss. IMO we have another Subeam on our hands. The Street doesn't care if Cendant has some well recognized names under it. Any accounting scandle usually results in this type of sell off with no rebound in the near term.



To: Doug Fowler who wrote (1091)7/16/1998 5:55:00 PM
From: Diogeron  Read Replies (1) | Respond to of 3627
 
From all reports from equity analysts to whom I've talked, Forbes is an egomaniac and will not go gently into the good night. Someone needs to give him a shove. I hope the Street punishes the stock until the Forbes supporters on the CD Board get the message. His comment that he wasn't responsible (as CEO?) takes the cake. What the hell did he get paid for?



To: Doug Fowler who wrote (1091)7/16/1998 7:11:00 PM
From: chirodoc  Respond to of 3627
 
don't forget folks, we are nearing value of HFS minus CUC

patient people will make a lot of money in 6-12 months--but you must be patient

from yahoo boards

<- Previous Next -> Message 10808 of 10844Reply Foreskin derails the Cendant trainply2lose
Jul 16 1998
5:41PM EDTMr.Foreskin definitely has got to go. Someone has to build the tracks back and get this train back on schedule. Apologies to anyone who listened to me in an earlier post that said we are going to 35. I bought too much myself and I still believe that it will be alright in time. Cendant is worth about $13 without CUC. Stock is falling on emotion not facts. Still think stock can at least reach 30 but it may take a few years. Wish I could buy more now. Downside looks like about 12 and upside at least 25 so it really looks like a good buy now. I remember when Citicorp was in trouble and the fear mongers said they may fail and the stock went to 9. One man, Heiko Thieme. said it would be a $100 stock by the end of the decade. He was wrong, it hit 180 recently. One must invest with a longer time horizon. It will cut your commissions. The losers are the owners of the mutual funds who are all selling in an effort to beat the S&P and this is why most fail as they over trade.