Cendant Corporation (NYSE:CD) Message Board

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Non-Tech : Cendant Corporation (NYSE:CD)

CD 6.440

-10.3%

Dec 15 3:59 PM EST

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To: Todd D. Wiener who wrote (125)	3/20/1998 10:05:00 PM
From: Andrew C.R. Biddle	Read Replies (1) of 3627

An excerpt from David Kansas article in todays sreet.com- Interesting Short: Some traders say they are gingerly looking at short positions on Cendant, a hot consumer products and marketing company. For one, Cendant paid dearly for American Bankers, whipping AIG in a bidding battle. Second, and perhaps more importantly, AIG Chairman Maurice Greenberg is one tough and nasty hombre. Bad guy to tick off, one hedge fund manager says. Given recent reports that fund companies such as Janus are growing quickly enamored with Cendant, one scenario is likely: Cendant is about to become a nasty battleground between shorts and longs. Get out the accounting ledgers. Could make for some volatility. Andrew

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