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

To: Doug Bean who wrote (201)	4/16/1998 9:09:00 PM
From: John Carpenter	Read Replies (1) \| Respond to of 3627

Does anyone know if Fidelity has been reducing its stake in CD during the last few weeks? Are they currently still holding a huge stake in CD?

To: Doug Bean who wrote (201)	4/17/1998 12:19:00 AM
From: Tricky Ricky	Respond to of 3627

CRDoug, Guess I followed you over here from PAIR. This looks to be a good opportunity just like PAIR at these levels. I am now to CD but from all that I have researched tonight it looks as though there has been a tremendous overaction allowing for those with cooler heads to move in and make some money. An adjustment of 12-15% on earnings does not justify a cut of 50% on the valuation. This is a solid company and even if it has some top level crooks they will be gone and better management will get this thing back - and most people know that but won't invest on it. TR BTW - Have you seen Jay over here?