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 43.58

0.0%

Dec 24 12:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: donjuan_demarco who wrote (2540)	8/22/2000 7:15:35 PM
From: AK2004	Read Replies (2) of 4155

Donjuan re:(I'll avoid using the world "insolvent" for Prince Albert's sake). that you, that is so considerate of you :-)) re:CNC can't repay its debts on time since we got over insolvency mainly due to your kindness lets address this "can't repay" thing. To my best understanding CNC still have fairly good short-term borrowing power so if everything fails cnc would borrow to repay. Granted that it would cost an arm and a leg for cnc but it also would mean that creditors do not complete control, not yet at least. "can't repay" simply means that the value of the company is zero (on risk adjusted basis) and if I recall it correctly the cap is around 2.4 billion which is slightly more than than zero....... Regards -Albert

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next