NEWS and ANALYSIS:
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1 ] IRWIN JCOBS ON TV
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 Today it is IRWIN JACOBS day:  

Irv The Liquidator.
He will appear on CNBC at 7 PM.
That may have been part of the reason of bi chunks of
short covering yesterday.
 

2} Various Articles on IRWIN and potential CNC Short squeeze:

          First IRWIN JACOBS PICTURE :                                   
        
       interactive.wsj.com

          Aug. 7, 00: He put this Ad in the papers: 
          streetmonkey.com

          messages.yahoo.com
         
           Aug: 11, 2000:REUTERS:  "Liquidator" Jacobs bets on insurer's turnaround                 
          biz.yahoo.com
       
.          7/31/00 J.J. CRAMER FROM TheStreetCom editorializes:  A great Idea !!!
          ragingbull.altavista.com

           Angling for Tie-Ins, Irwin Jacobs Took Up Big-Time Bass Fishing
             interactive.wsj.com

          Message 14204449

        The potential for a GIANT Short Squeeze potential was again thoroughly 
         examined by TheStreetCom on 8-21-00:  

         What Happens When Short-Selling Goes Bad
          thestreet.com

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Short Interest of course remains high and is very bullish
As outlined in Wall St. Jour. Aug. 22,2000:



Company	       8/15/2000        7/14/2000	  % Chg	 Avg DailyVolume

CONSECO, INC.	  65,769,663	 63,975,097	   2.8	     4,610,868



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And this is a comment from YAHOO:

What does it mean to be short?? In CNC??

messages.yahoo.com

 CNC short position actually increased

What does this mean? I'll tell you. The institutional shorts are actually shorting MORE, in the hopes that the increased selling will drive the price down. This is EXTREMELY RISKY.There are few "real" sellers here. Despite what pink and the other amateur shorts tell you, it is only a matter of time before the covering causes big spikes in the price. Almost 70 million shares are short, and the short ratio is over 14!!! That is incredible. Think about what this means ... if all the buyers were actually shorts covering, it would take 14 trading days (based on average trading volume) for all of them to cover. That's almost three weeks of pure short covering. With no real sellers, and a few non-covering buyers, the situation will get EXTREMELY UGLY FOR SHORTS.Hold your shares. Do not sell until over 20. 

by: what_a_loser_you_are

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My personal view of CNC Shorts is 
that I think most shorts are Institutions 
that are hedging their bonds and preferreds.

They shorted to +/- 50 mill.

Then they shorted some more in last month ( +/= 2 mill )
to try and get as many shares out of the hands of retail.

At the right time, I believe CNC will spike up 
to close lower prices off to all.Institutions will be in,
retail will be out.

Institutions own the stock and they control it.

Many of our YAHOOligans posting here
could be on payroll of Institutions doing their
dirty work trying to keep prices down so they can
buy it.

Message to Retail CNC Longs:

1)DON'T GIVE THEM YOUR STOCK FOR PEANUTS.
2)TAKE THE CERTIFICATE OUT OF STREET NAME SO THEY
CAN'T USE IT FOR MORE SHORTING,

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We are still under the reassurances of Gary Wendt  
who came out battling the shorts and said

 NOT TO WORRY ! ! ! ! 

about CNC meeting their obligations.
siliconinvestor.com