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


To: backman who wrote (2640)11/29/1998 10:26:00 AM
From: chalu2  Respond to of 3627
 
Some feel that the lawsuits will be settled for stock and cash--perhaps in the billions. However, CD is so big this may not mean more than a few points off the stock price. The recent rise in CD is not just because of an Internet connection, or even primarily because of it. Silverman's swift action, the early success of the restructuring plans, and the solid and profitable nature of CD's core businesses have all contributed to the upturn.



To: backman who wrote (2640)11/29/1998 11:39:00 AM
From: Michael Berkel  Respond to of 3627
 
Please try to understand that CD from now on may be considered a Net Stock, deserving a much higher valuation than the conservative numbers we are currently experiencing. Even with a pending lawsuit, this company has more recognition than any of the fly-by-night stocks that we are suddenly watch shooting up.
That - and the company's back-on-track - is enough reason for excitement.



To: backman who wrote (2640)11/29/1998 6:00:00 PM
From: blankmind  Read Replies (1) | Respond to of 3627
 
...won't the lawsuit effect keep this stock under? - backman

as cd rises, the settlement becomes reduced. the more cd rises, the less they will pay in any settlement. this actually helps to build mo into the stock as it rises, since settlement costs become less and adds value to the stock.