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

To: T Pat who wrote (3065)	2/21/1999 12:47:00 PM
From: don denson	Read Replies (2) \| Respond to of 3627

Prides pay 11% (its been great to collect over the past few months while watching accumulation back over 20) Good read on the market action, and so true. Big players will be re-entering shortly after correction dies down (the markets flucuate, etc). Things will look fine right into summer.

To: T Pat who wrote (3065)	2/21/1999 8:47:00 PM
From: BOB JOHNSON	Respond to of 3627

Pat, The Cendant common stock does not pay a dividend. Cendant has preferred (that is also convertible to common at a later date) stock that costs more per share but pays a dividend. They are called Prides. In personal accounts the income is taxable, in IRA or SEP accounts it is at least deferred. I share your opinion that Cendant can be a bumpy ride and in all probability continue to be so but I think we both believe the long term direction is (way) up. Happy investing, BOB