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Non-Tech : Conseco Insurance (CNO)
CNO 40.55+1.1%Dec 3 3:59 PM EST

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To: AustinPowersIII who wrote (1997)7/27/2000 4:59:45 PM
From: BWAC  Read Replies (1) of 4155
 
I'll hold my laughter, I want to be the last one laughing.

That said, I sure do like Wendt. I sure did like the way the earnings news was presented and the plan explained.

And if anyone would like to read between the lines? Prepaying debt principle sure doesn't sound like Chapter 11. In fact I'd go so far as to say it was a signal from Wendt that CNC will not be going that route. Reasoning that any prepayment such as that would turn out to be a preferential item, and the court would not allow it.

Don't get shook first thing in the morning if CNC sells off a little. Just sit and watch. Buy for a trade if you can when the price is right. Donjaun, Kevin have a good rest of the day.
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