the allegation that cendant's management is buying back shares just to cover the dilutive effect of their stock options? They are spending a lot on the buy backs but the total shares outstanding does not seem to go down.
I bought this stock at $8.50 and had since given it up for dead. I've held onto it for sentimental reasons (it was a friend's initials....how's that for research your investments ouch!) Bottom line - I just may get my investment dough back again - even if the friend is now history. Good stock coverage - nice change from the other 45 equities I own!