Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Benkea who wrote (2978)	2/3/1999 1:40:00 PM
From: Jay Larrabee	Read Replies (1) \| Respond to of 3627

Benkea ... Then, are you saying that once Cendant stops buying, the stock price has no support and will head back down? Won't those others you mentioned, the ones drawn in by false t/a signals and such, lend support along with Cendant itself? You speculated Cendant's average price to be around $19.50, they certainly won't be anxious to sell. Or, are you suggesting the price increases are over for the time being, as the buyers will have dried up now that Cendant has almost completed their buyback? And how will the upcoming earnings report figure into that? A good report adds support in the long run, yes? Thanks again, JL