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

To: Roy F who wrote (1070)	7/16/1998 11:50:00 AM
From: VALUESPEC	Read Replies (3) \| Respond to of 3627

This board of directors feud is not lending confidence to this stock. We are barely holding $ 15.00 now. I will be very disappointed to see it go below $ 15.00b, and even more so if it does not go right back up above $ 15.00 after the specialist allows the stops to be hit. CD: ~$15.18a VALUESPEC

To: Roy F who wrote (1070)	7/16/1998 11:59:00 AM
From: Todd D. Wiener	Respond to of 3627

Interesting how all reported block trades in the past day or so were crossed by Salomon Smith Barney. And they were nearly all buys. I know they're a market maker, but I wonder what the nature of their accumulation is. As I have suggested in the past, I think CD will ultimately spinoff the Cendant Software company. Now would be a good time to consider that. Of course, the accounting stuff needs to be fixed before anyone would buy it. Todd