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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Michael Berkel who wrote (22218)1/15/1999 4:21:00 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 120523
 
Michael,
CD is soooooo close to breaking a P&F quintuple top that it is scary. Officially though (in P&F terms), it would have to hit $21 to break the resistance. Truly could be a screamer though.
JXM



To: Michael Berkel who wrote (22218)1/15/1999 7:18:00 PM
From: Prince  Read Replies (1) | Respond to of 120523
 
Michael,

I'm doing some consulting work for one of Cendant's subsidiaries and everyone around here seem to have a renewed happy attitude about their prospects.

Today Cendant officially announced an employee stock purchase plan, so there must be some confidence with management concerning the stock's price.

I took an initial 1/2 position today and will most likely grab the other half next week, depending on the market direction.

Good luck with CD if you own it...