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Non-Tech : Cendant Corporation (NYSE:CD)
CD 6.140-17.5%Dec 5 9:30 AM EST
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To: Jyoti sharma who wrote (523)5/7/1998 9:12:00 AM
From: gerard mangiardi  Read Replies (1) of 3627
 
About the auditors. Remember that hey also are exposed to legal liability. As a result they are going over cd's books with a fine toothed comb. Once they are done the unknowns will be known and this stock should outperform unless we are going into a recession. I think most of cd's businesses are vulnerable to economic cycles.
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