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

To: 16yearcycle who wrote (227)4/17/1998 4:18:00 PM
From: Nick  Read Replies (1) | Respond to of 3627
 
Eugene,

If you think it is a good deal now, don't look back. Load up.

At 40, I bought puts and closed out at 36 for a good profit. Nobody, except Henry, knew about this problem last week. If Henry was as honest as you think, why didn't he disclose the problems when he announced that several CUC executives were leaving? Why did he have to wait until after the close on Wednesday?

This is a house of cards, and sooner or later it will fall.

Nick.


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