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Non-Tech : Cendant Corporation (NYSE:CD)

CD 5.920

-4.4%

Dec 23 3:59 PM EST

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To: Nick who wrote (1048)	7/15/1998 9:23:00 AM
From: VALUESPEC	Read Replies (1) of 3627

Nick, yes and no, but ulitmately no. Yes, because for a short moment in time, I was up 200% signficantly because of Cendant who brought me up from being up 100%. No, because after CD reached $ 26 for a few brief moments, it ultimately feel to $ 15. Though I did not hold all for the ride down, I still held enough that the net result is that I not only gave up all my significant profits in CD, but I'm down significantly as well. The bottom line is that I lost money in the 2Q. I'm up less than 100% now, but I'm still doing much better than the market averages. I will make or lose a lot of money in the upcoming months based on my most recent CD purchases @ $ 15.38. I'm still hoping to have a good year, but this CD has been making me work hard for my money. Hopefully, it will ultimately pay off handsomely. CD: ~ $ 15.56a as of yesterday's close. VALUESPEC valuespec.com

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