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

To: Roger B Finlen who wrote (1565)	8/13/1998 10:33:00 PM
From: BOB JOHNSON	Read Replies (3) \| Respond to of 3627

Roger, Overall market down but CD and CD Prides UP!! I think this wave will build. Nice to be on top of it instead of under it. Will continue to watch carefully but the timing looks great. Best to All, Bob

To: Roger B Finlen who wrote (1565)	8/14/1998 12:55:00 AM
From: blankmind	Respond to of 3627

But at least one large investor isn't sure Cendant's worst days are behind it. "By no means is this company out of the woods," said Patricia Macht, a spokeswoman for the California Public Employees Retirement System (CalPERS), which owns about 4.5 million Cendant shares and estimates its pension fund has lost about $89 million as a result of the accounting debacle. who cares about some large investor, ask some analyst. this person lost 89 million, why should she be upbeat, she might not even be employed by calpers soon. i wish they would point out what they see as might causing trouble, lawsuits from calpers and other large investors?