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

To: jjs_ynot who wrote (1128)	7/18/1998 9:49:00 AM
From: chirodoc	Respond to of 3627

<<<<<The implication is that the CUC businesses are not doing anything noteworthy or positive. .....if given the chance i think silverman will spin off some of CUC--especially the CEO--need to spin him off fast. curtis

To: jjs_ynot who wrote (1128)	7/18/1998 10:18:00 AM
From: Gale	Respond to of 3627

Add Jackson Hewitt Tax Service to the list. I just got back from a meeting in New Orleans where Mike Trainer,CEO (former vp marketing/advertising with Cent 21) reported good things. A sr. mgm't CD company meeting was monday where 10% ownership in Cd was present. The reports were that all the companies (former HSF I think) doing record numbers. CD mortgage did more the 1st 6 months t/y than l/y total. These companies all doing very good. Jackson Hewitt has super outlook. Lots of cash at CD with more to come. The view at this meeting was that CD has a stock problem not a company problem at this time with emotions/media playing a big part concerning the fraud, but when all is over the huge cash position will prevail and confidence will come back and solid gains/growth will be the norm. "CD will be the cleanest-squeeky clean company available after the audits etc are in." The outlook according to Mike is very good. Nothing was said about Forbes of course. I don't know if he was there, but I doubt it. Sounded like only the Silverman group was there (my thoughts only). None of the Silverman/Forbes views were expressed. FWIW Gale