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


To: VALUESPEC who wrote (2611)11/26/1998 8:59:00 AM
From: bill jackman  Respond to of 3627
 
This train is leaving the station and the institutions want to be on it. CD has done more public penance than Clinton, and Wall Street now recognizes that the shenanigans over bogus revenues are well in the past. This is a low-priced stock with great profit growth well down the road. Look for it to become a medium-priced stock very rapidly.
Think about it. Most profitable companies have inflated stock prices and declining rates of profit growth. CD is the reverse of this. I'm thinking of buying more at this price even after taking the long ride down to 6 and back.