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

To: Ditchdigger who wrote (2760)12/8/1998 6:43:00 PM
From: VALUESPEC  Read Replies (1) | Respond to of 3627
 
Stock buyback starts soon ! I haven't sold one share or anything. This could go much higher. The past pricing was insane. It has been up, up, and up ever since the insanity passed. CD: $ 20.25 VALUESPEC



To: Ditchdigger who wrote (2760)12/8/1998 10:15:00 PM
From: Benkea  Read Replies (2) | Respond to of 3627
 
"well Benkea, I took a tiny loss,sidelined for 30 days..;"

Don't let that stop you. The loss just becomes part of your cost basis should you decide to play again. You just can't claim it if you have bought back in 30 days until you sell again without rebuying in 30 days. Besides, there are only 23 days left in this year anyway so it is a 1999 tax event if you buy again anyway.


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