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

To: Paul Lee who wrote (2772)	12/9/1998 9:27:00 AM
From: VALUESPEC	Read Replies (2) \| Respond to of 3627

I was pretty sure the buyback was about to be announced. Also, the sale of additional units, along with the deferred revenues to 1999 should make 1999 a very good year. The S&P is selling way higher than CD's 20x earnings. CD could rise another $ 10 and still be undervalued relative to the general market, especially when you consider its superior future and past growth rate. Isn't it nice to have nice, upward movement instead of what we experienced before? CD: $ 20.25 VALUESPEC