Conseco Insurance (CNO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Conseco Insurance (CNO)

CNO 44.64

+5.5%

Feb 6 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ken Sammut who wrote (262)	8/1/1997 9:08:00 AM
From: M.A. Miller	of 4155

I listened to entire conference call. I think CNC is merely consolidating its businesses and harnessing its agent cross-selling for the next several months. Acquisitions are being pursued, but have been to pricey for CNC standards. Actually, it may be a blessing to have CNC focusing on consolidation and cross-selling and not be distracted with more acquisitions right now. Once the insiders buy in (which CEO says CNC stock is severly depressed right now), and if some good mergers come along, they'll then be able to buy. I think CNC stock will slowly trend up to the $43 area, depending on interest rates, but I see no big movement until acquisitions come in which could increase 98 and 99 earnings projections. So, I see normal returns, but nothing spectacular until new acquisitions.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next