Conseco Insurance (CNO) Message Board

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Non-Tech : Conseco Insurance (CNO)

CNO 40.71

-1.4%

2:03 PM EST

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To: Robert T. Quasius who wrote (1482)	7/2/2000 10:34:47 PM
From: StaggerLee	Read Replies (1) of 4155

Figure a lot of margin notices were received Friday and Saturday to be settled on Monday. Wendt gets one chance to clean up the books under the "old regime's" scorecard. If there's anything soft on the balance sheet, I think it will go away in this quarter's earnings report. They've got an awful lot of goodwill hanging out there ($3.9 billion or $12/share). Also another $6/share hung up in "other assets." Now's the time to take any remaining charges. Wendt was a huge score for CNC.

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