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

To: Jyoti sharma who wrote (525)	5/7/1998 9:39:00 AM
From: gerard mangiardi	Respond to of 3627

The interesting thing about cd these days is that the stock is down because of what happened yesterday. We all know that stocks usually trade based on future expectations. I think that their general business model has already proved itself and the audit results will at worst show how bad things were but its quite a stretch to assume that it will have a bearing on the company's future. Once the results are in the stock starts a serious move. If you art an investor you are accumulating stock these days. I think that even a guy like buffet would be tempted at these levels.