Conseco Insurance (CNO) Message Board

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Non-Tech : Conseco Insurance (CNO)

CNO 39.59

-1.0%

3:59 PM EST

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To: donjuan_demarco who wrote (2387)	8/14/2000 4:39:26 PM
From: BWAC	Read Replies (1) of 4155

Half belong to T. Lee IF CNC folds. Otherwise its a non issue. By the way, You do know that all those assets that make up book value have incurred depreciation charges over time. What tangible physical property was bought 10 years ago may be substantially depreciated and carried on the books at 50% or less of fair market value? Additionally such assets are recorded at lower of cost or market. If they declined in value, they are marked down on the books. But if they increase, it just doesn't show up until they are liquidated or otherwise sold.

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