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


To: Filippo Zucchi who wrote (1028)7/14/1998 10:42:00 PM
From: Jay Rommel  Respond to of 3627
 
> I am at having my paper net worth decline by $35k in 2 days.
That bites ... This reminds of Informix.
Unfortunately, investor confidence is not easily restore.
e.g. I'm sure you guys know where IFMX is sitting at.
It takes time.

Meanwhile, the BOD should clean house. Anyone who was involved
in this fraud has got to go.

After that maybe a stock buy back might restore investor confidence
(I keep hearing this company is cash rich, I say share the wealth)

Also, I can't help wonder ... Why doesn't this company get involve
in portals? ... e.g. Zapata, MSFT just announced a Real estate site.
What about acquiring one of the portals? Ameritrade, N2K, Go2 Corp, etc???

"It's like deja vou all over again."

Y. Berra



To: Filippo Zucchi who wrote (1028)7/14/1998 11:01:00 PM
From: Dinesh  Read Replies (1) | Respond to of 3627
 
Filippo, Frank and all,

> the alternatives are not gonna do you any better. <

It is indeed a tough call, whether to cut your losses
and put the rest where it can grow, and revisit CD some
time later. All said and done, it is *you* who has a memory;
the *stock* does not even care who owns it.

This may be the last bit of bad news CD has to post, but
we will never know until a few months have passed. Until
then, smart money will stay on sidelines. Even a money
market account will seem better.

I am not as optimist as Frank nor as hopeful as Filippo;
and I don't believe Forbes is a crook (until proven so :).
But where the captain can be so blind, oftentimes the
underlings are be just as manipulative. Nor is it, like,
perestroika! and all commies become Adam Smiths.

Hey, don't get me wrong. The stock after all is not the same
thing as the company: it may even double up in by month end
(just change to cendant.com :-). But relying on *pure luck*
to make money just doesn't seem the right thing to do.

OTOH, it is going to trade a lot and no harm in peeling a
1/4 off of it every now and then...

Regards
Dinesh
(mostly watching...)