8/12/00 – NEWS and REVIEW of CNC Articles and POSTS
REUTERS:"Liquidator" Jacobs bets on insurer's turnaround
biz.yahoo.com
Friday August 11, 6:01 pm Eastern Time
"Liquidator" Jacobs bets on insurer's turnaround
Message 14204430
This post from YHOO: Tritel sold. CNC may be able to seel shares now?
messages.yahoo.com
Did anyone notice Tritel? 8/12/00 1:19 am
Closed up at 28 15/16 on a late buying surge.
CNC free to sell their shares now that merger has been approved?
by: LAZ_BROKER (M/Denver CO)
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August 11, 2000: Dow Jones News: Conseco Preferred gains in NYSE
Message 14204249
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August 11, 2000: Dow Jones News: CNC FLEXIBLE PORTFOLIO MUTUAL FUNDS TOP PERFORMANCE Message 14204221
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GABELLI FUND UP 23% has 9% of position in CNC:
messages.yahoo.com
PROFIT VALUE FUND: 4 star Morningstar rating.
In last 3 months has added new position in Conseco,
to make in 8th largest position;
position similar in size to its holding in Berkshire.
messages.yahoo.com
TA@CNCRestructuringProgram.com
quicken.com
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CNC Balance Sheet
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conseco.com
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MAJOR RECENT ARTICLES ON CNC
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Recent news:
moneynet.com@NEWS-P2&Index=1&HeadlineURL=../News/NewsHeadlines.asp&DISABLE_FORM=&NAVSVC=News\Company
Aug 9 (Reuters) - Conseco Finance, fixed final terms for its 2000-4 series $1.2 billion nine-tranche asset-backed bond launched on August 4.
Rating Aaa/AAA/AAA
ragingbull.altavista.com
Aug. 9,: A consortium of eight insurance companies has completed a $40.5 million investment in affordable-housing projects across the state, the first test of an effort to get insurers to voluntarily invest in community development.
ragingbull.altavista.com
Aug. 4, 2000: Conseco prices senior classes of $1.2 bln ABS deal favorably
ragingbull.altavista.com
Aug. 4, 2000:Conseco Capital Management Names New Co-Portfolio Managers for Conseco High Yield Fund
ragingbull.altavista.com
Aug. 4, 2000: Dow Jones Newswires
Conseco Promotes From Within After High-Yield Exodus
7/27/00 BUSINESS WIRE:
CONSECO Announces Restructuring Program ,Parts I, II, III & IV , from RB
ragingbull.altavista.com
quicken.com
DOW JONES NEWSWIRE 7/27/00:COMPLETE EPS REPORT
1: dowjones.work.com
2: dowjones.work.com
3: dowjones.work.com
7/24/00 BLOOMBERG: WENDT GETS RID OF LEOPARD CHAIR AND
.......PROTECTS SHAREHOLDER EQUITY:
quote.bloomberg.com
. 7/19/2000 WENDT HIRES Ex-GE CRISIS TEAM
biz.yahoo.com
7/12/2000 20 MILLION PAID TO HIRE WENDT
Wendt gets 45 mill less than if he had stayed at the Golf Course and got paid
by GE to non - compete and do nothing. GE gets 10 mill CNC shares,
will make another killing.
messages.yahoo.com
6/30/2000 WENDT BACK FROM HONEYMOON
messages.yahoo.com
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VARIOUS OTHER ISSUES IN CNC:
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ISSUE OF PRODUCING A GIANT SHORT SQUEEZE:
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First, to effect a short squeeze in CNC and see a giant squirt
of cash upwards in your CNC stock:
a) ask your broker to put the stock in Street name, or
b) ask your broker to put a sell price “ good till cancelled “
at let’s say $40 or $50. That will remove it from the short pool..
c) or simply ask him to restrict it, ie you don’t want to have it
loaned out for shorting.
Aug: 11, 2000:REUTERS: "Liquidator" Jacobs bets on insurer's turnaround
biz.yahoo.com
Message 14172703
CNC in WORTH Magazine via Maverick Capital's Hedge Fund Manager - Lee Ainslie. Ainslie is a noted short seller who has averaged 24.8% after fees with $5B under management. He has covered his CNC position: “ I am not going to go
Against somebody of Wendt’s reputation “.
8-1-00 Star Tribune: Neal St. Anthony/On Business:
Jacobs roars, short sellers yawn
startribune.com
7/31/00 J.J. CRAMER FROM TheStreetCom editorializes: “ A great Idea !!!”
ragingbull.altavista.com
7/30/00 Indianapolis Star :Conseco investor's ad aims to help stock
. starnews.com
. 7/29/00 Star Tribune:CNC earnings report and Irwin Jacobs Short Squeeze bid
ragingbull.altavista.com
7/27/00 IRWIN JACOBS WANTS TO PRODUCE A SHORT SQUEEZE.
……….He puts this Ad in WallStJ. then other papers
messages.yahoo.com
streetmonkey.com
An introductory song about short covering:
amazon.com
messages.yahoo.com
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Meanwhile, CURRENT SHORT INTEREST as of 7/22/2000 is 64,000,000 shares
messages.yahoo.com
messages.yahoo.com
Shorting Rules
ragingbull.altavista.com
BOOKS ON SHORTING
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(If any one wants to ahead and short some more and make
Mr.Wendt’s Day when the big squeezarooo comes along).
capatcolumbia.com
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” Bad “ Shorting Advice
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“Mr. Pink's Picks: selected event-driven value investments “
in SI Thread, by Mr. P$nk Esq.
Message 14187856
MISCELLANEOUS SHORTING
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CNC Stock Analysis of the day by paulthebigfinn at YAHOO board
messages.yahoo.com
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7/28/00 :ISSUE of FABER CNBC REPORT & CONTROVERSY
( ie that Wendt is going to dilute shareholder equity ).
ragingbull.altavista.com
7/29/00 reply by ta to FABER Report: CNBC FABER is either LYING or MISINFORMED
messages.yahoo.com
7/24/00 Cnet : ''We're not going to be diluting shareholder value at ridiculously low prices,'' Wndt said.
cnetinvestor.com
messages.yahoo.com
7/31/00 FABER CORRECTS HIMSELF: “ CNC WILL N O T ISSUE ANY N E W EQUITY “.
boards.cnbc.com
Thank you Mr. FABER.
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ISSUE OF CNC BANKRUPTCY 7/22/2000
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Part I
messages.yahoo.com.
Part II
messages.yahoo.com.
messages.yahoo.com.
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. ISSUE OF MR.T.LEE'S PREFERRED STOCK
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messages.yahoo.com
messages.yahoo.com
ISSUE of VALUE of PREFERRED STOCK
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messages.yahoo.com
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BROKERS’ and ANALYSTS ‘ OPINION
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8/10/2000Gary Smith from REALMONEY.COM at The StreetCom
puts a buy on CNC with a stop at 7.
Anyway, here are a few charts to look at as you sip your morning Cafe Yukon:
thestreet.com
ragingbull.altavista.com
thestreet.com
8/5/00 S & P raises Outlook to highest, 5 ( on scale 1 to 5 )
messages.yahoo.com
7/30/00 STANDARD AND POOR UPGRADES CNC TO 4 STARS FROM 3 STARS
Message 14133330
Merrill Lynch
7/31/00 messages.yahoo.com
.7/26/00 LEHMAN MAINTAINS OUTPERORM II ON CNC
Message 14109720
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OVERVIEW of CONSECO INSURANCE RATINGS
conseco.com
RATING AGENCIES , MOODY’S, S & P etc
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Aug. 11. 2000:Conseco 2000-4 $1.2B Manufactured Hsg Contract P-T Rtd By Fitch
Message 14200638
biz.yahoo.com
Aug. 11, 2000: Fitch Downgrades Conseco Rtgs
biz.yahoo.com
Message 14200576
S & P
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www2.marketwatch.com
ragingbull.altavista.com
S&P cuts Conseco Fin status
Aug. 8, 2000--3:18 pm - By Chris Kraeuter
Conseco Finance's credit rating status was revised to "negative" from "developing" by Standard & Poor's. According to a S&P statement, S&P "believes Conseco Finance's creditworthiness is severely limited by a lack of funding flexibility and aggressive leverage." Also, S&P cited its belief that the finance unit will not be sold to a "higher-rated" entity in the foreseeable future. Conseco Finance's ratings were placed on "developing" on March 31. Conseco's (CNC: news, msgs) ratings status was placed on "negative" on April 7. Currently, Conseco shares are down 1/16 to 7 7/8 on volume of 2.8 million shares.
ragingbull.altavista.com
Comment from RB poster on above S & P reports:
messages.yahoo.com
8/9/00 1:58:00 PM : Business WireS&P Places Various Green Tree Cert Rtgs on Watch Neg
The revision in the CreditWatch status reflects the increasing likelihood that Conseco Finance will not be sold to a higher-rated entity in the foreseeable future.
ragingbull.altavista.com
Comment from RB poster on above S & P reports:
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MOODY’S
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quote.bloomberg.com
. While Moody's said it expects the company and its bank lenders to reach a satisfactory agreement, it said the details of such an agreement and the effects on Conseco's operations remain uncertain.
moodys.com
New York, June 30, 2000 -- Moody's Investors Service has downgraded the credit ratings of Conseco, Inc. and its affiliates (senior debt rating to Ba3 from Ba1).
moodys.com
New York, April 20, 2000 -- Moody's Investors Service lowered the senior unsecured debt ratings of Conseco, Inc. and Conseco Finance to Ba1 from Baa3.
MORNINGSTAR/FINANCIAL
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messages.yahoo.com
Morningstar grades CNC a B-, for financial health, just slightly below average for insurance industry and average for universe of stocks.
DALBAR Insurance Rating Web site
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Part 1
messages.yahoo.com
Part 2
messages.yahoo.com
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LAWSUITS ON COMPANY BASHERS
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TA’s EXCELLENT , I say, EXCELLENT, REVIEW OF INTERNET LAWSUITS
Message 14157877
Friday August 4, H-Quotient, Inc., Files Suit Against Alleged Stock Manipulators
Message 14173025
The most recent Lawsuit won by Biometrix
Message 14158321
And just before that New subpoenas on the way
biz.yahoo.com
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CNC CHART & Technical Analysis
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STOCKCHARTS
stockcharts.com[L,A]DCCLYYMY[DC][PB10!B20!B30!B50!F][VC60][IUH14,3!LI14,3!LC20!LK14!LA12,26,9]
SI
siliconinvestor.com
Money Flow Stats by Softechie
Aug 8, 3000 : Message 14184790
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NEGATIVE ARTICLES ON CNC
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7/27/00 TheStreetCom: Herb's Hotline: Oversight by Conseco?
thestreet.com
7/10/00 TheStreetCom: Conseco Sets Rich Pay Package for New CEO, By Peter Eavis Message 14023449
7/11/00 Herb's Hotline: Will These Conseco Capers Never Cease?
By Herb Greenberg thestreet.com
&/14/00 Bloomberg :Conseco Outdoes Itself in Piling Gifts on Wendt:
by Graef Crystal
ragingbull.altavista.com
7/31/00 Warburg initiates coverage with hold;
messages.yahoo.com
7/31/00WSJ Colin Devine from Smith Barney is worried about CNC
messages.yahoo.com
messages.yahoo.com
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MAGAZINE ARTICLES ON GARY WENDT
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Aug. 7, 2000 :BUSINESS WEEK
ragingbull.altavista.com
My comments on Business Week Article: Music…Music…Music..
Message 14127197
1997 FORBES/GECAPITAL: " BLOWING BUBBLES "
forbes.com
. PREVIOUS REVIEW POSTS ON GARY WENDT
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July 5, 2000: REVIEW OF GARY WELCH LIFE AND ARTICLES
Message 13993832
July 10, 2000: W S J : GE Capital’s Wendt: " A BRUTAL NEGOTIATOR "
Message 14023303
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MISCELLANEOUS
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1 ] WHY I INVEST IN CONSECO:
ragingbull.altavista.com
2 ].What is CNC really worth?
View from a competitor:
starnews.com
A CNC competitor!! ,Mr.Nauert, CEO of Ceres says thatIf sold to the right buyers, Nauert said, Conseco's insurance operations could bring as much as $7 billion. That's the equivalent of $21 a share -- nearly three times Conseco's current stock price.
This is from a competitor, and it is ONLY for the insurance part of CNC!
A note from RB about who Nauert is:
ragingbull.altavista.com
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WENDT'S BUSINESS CARD
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Here's Wendt's business card when he goes to the Bank to ask for money:
I am responsible for 38% of GE's net income:
GE’s profit has come increasingly from Financial Services
That’s GECapital, the company I run, at GE:
businessweek.com
And here how I compare with the giants:
Revenues
quicken.com
Cash Flow
quicken.com
Net Income
quicken.com
GARY WENDT
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TA |
