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 40.38

-0.4%

1:50 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Softechie who wrote (1989)	7/27/2000 3:28:55 PM
From: AustinPowersIII	Read Replies (2) of 4155

CNC is now being led buy a proven leader who has a very good relationship with Wall Street. Too many companies and people with very deep pockets and good connections(GE, T LEE, Jacobs, Wendt) have a vested interest in CNC Common stock to let it die because of any short-term cash crisis. CNC Holding has a number of non-core assets that it has made a fortune with that it can sell to substantially reduce debt. CNC turned down three, $3 billion offers for GreenTree. The Consumer Finance business is improving because of weak players leaving the market. CNC has had no trouble taping the capital markets and has securitized over $2 billion already. All of CNC's core businesses - insurance, investments, consumer finance - are growth businesses because of U.S. demographics. The financial services industry is consolidating. A number of Foreign firms want to enter the U.S. Market. 64 million shares are short. These shares will have to be bought back eventually, placing upward pressure on the stock. The above are just some of the important reasons to buy CNC. Do not listen to the bashers. Do not get too caught up in CNC'S short-term problems. They will eventually work themselves out.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next