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


To: BOB JOHNSON who wrote (1568)8/14/1998 12:58:00 AM
From: blankmind  Read Replies (1) | Respond to of 3627
 
goodwill from today is now over, analysts will have had the night to exam the comments and numbers. tomorrow will be telling for cd.



To: BOB JOHNSON who wrote (1568)8/14/1998 9:52:00 AM
From: Roger B Finlen  Read Replies (1) | Respond to of 3627
 
Bob, ya done good. I was wondering what your broker's comments were when you told him to buy "this Dog" ???
THIS, by the way, is not a time to stop buying.
Come monday, tell me how is feels to see that 12+% hit your account,with the 30 year bond at 5.5.



To: BOB JOHNSON who wrote (1568)8/14/1998 2:03:00 PM
From: Roger B Finlen  Read Replies (3) | Respond to of 3627
 
Bob, note today 400K shares @ 2:00 EDT

Many folks buy just to capture div, and then sell and they will buy back 2 1/2 months from now. Prides are still up today, but weakly, actually CD.I's should trade at least 1.3 times what common is doing (conv rate), but for next several weeks there will be selling. Those folks are too short sighted to see the possible 60% price appreciation. I'm glad the shares are not a run-away as I await new money and care to buy more soon, best roger