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


To: Apakhabar who wrote (1426)8/4/1998 7:03:00 AM
From: jjs_ynot  Read Replies (1) | Respond to of 3627
 
At least in the past several weeks; there is enough pure cash value that $15. per share looks to be well covered by pure assets if you just sold off pieces of the company in a fire sale. CD owns a lot of nationally recognized brands. Also, at $15. a lot of big money (institutions and mutual funds) start to get interested on the buy side.



To: Apakhabar who wrote (1426)8/4/1998 9:52:00 AM
From: VALUESPEC  Read Replies (1) | Respond to of 3627
 
<< But your writing as well as your investing philosophy needs discipline.>>

App, if you don't think selling some stock shortly after buying it, because you are down, does not require discipline, then you are mistaken. To the contrary, most will hold a position to a large loss because they THOUGHT they were being disciplined.

For you to make fun of my joy at learning CD did not fall even after the .21 number was quoted seems calous to me.

I sold the shares I bought back yesterday @ $ 15.88 for $ 15.94 a few moments ago.

CD: $ 16.00a

VALUESPEC