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

To: Doug Bean who wrote (1196)	7/23/1998 8:11:00 PM
From: VALUESPEC	Read Replies (1) \| Respond to of 3627

It is my understanding that with a proxy vote, we could demand a new election for the Board of Directors. In this way, we could get more rational directors which might make it easier to get the 80% vote needed to oust Forbes easily. Of course, I have my strong doubt that the contract between CD and Forbes is even valid if extensive fraud is proven. I'd be inclined to fire Forbes and then fight it out in court. Of course, that assumes that the auditor and my lawyers thought that was prudent. Even if Forbes gets his $ 50 million for not becoming CEO, at least he would have had a public statement made by the company against him. I was glad to see CD hold around $ 16.00, though $ 17.00 was much nicer :o) CD: ~ $ 16.00a VALUESPEC

To: Doug Bean who wrote (1196)	7/23/1998 9:10:00 PM
From: Dinesh	Read Replies (2) \| Respond to of 3627

Doug, Whats the board's email address ? I too feel like giving them a piece of my mind. Forbes - keeps on insisting that he is not responsible for knowing all this stuff. Must be his legal mantra that he needs to chant day and night. What a bozo! probably has a good lawyer too. But this is America - we got jury ... Not that Silverman is some saint or anything. There are a lot of scumbags in every business. The company. Most of the bad news IMO is already out and its only a matter of detail. So, lets shift focus to the company and its long term prospects and see who they are competing with now. Regards Dinesh