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

To: Benkea who wrote (2987)	2/3/1999 8:35:00 PM
From: J Bertrand	Read Replies (1) \| Respond to of 3627

Benkea, If Cendant's earnings are good, then the stock price will follow. Furthermore, as we get close to the y2k perceived disaster, I would think that "cash flow" cows like Cendant would be the safe bet. You are talking about Henry Silverman's company. I don't think Cendant is going to be missing earnings going forward because Henry will either make earnings or sell the divisions that aren't making earnings. I think there will be interesting news coming up. The bad news is already factored in the stock so your headline won't be an issue. Remember, the earnings estimates from last year you are talking about were based on a stock that was trading in the 40's not the 20's. This is a great opportunity. I say Cendant comes through with good earnings. I base it on how consistent Henry Silverman has been with HFS. Jeff Bertrand