Conseco Insurance (CNO) Message Board

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Non-Tech : Conseco Insurance (CNO)

CNO 43.31

+0.5%

Jan 6 3:59 PM EST

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To: DAVID BROWN who started this subject	9/25/2000 7:28:28 AM
From: donjuan_demarco	Read Replies (2) of 4155

Herb from TSCM on CNC: Conseco capers: As expected, Conseco (CNC:NYSE - news - boards) announced late Friday that it restructured its debt. No surprise to short-sellers, who continue to think Conseco will remain a calamity. "It's like Rite Aid (RAD:NYSE - news - boards)," says one short. "The new guy comes in, restructures the debt, the stock goes up. But then after a while, it comes back down. It all comes down to the underlying business." And Conseco didn't get into this mess because its underlying business was good!

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