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Non-Tech : Conseco Insurance (CNO)
CNO 40.71-1.4%2:03 PM EST
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To: AK2004 who wrote (3204)9/25/2000 10:05:53 PM
From: Kevin Podsiadlik  Read Replies (1) of 4155
 
Yeah I must have missed that part. All I have is this:


For his part, Wendt conceded that Conseco's earnings would continue to disappoint until 2001. ``We are being very conservative in the last half of the year,'' said Wendt. ``I don't believe Conseco is an earnings per share stock, it's a recovery stock,'' he said.


Not only do I not read anything about AM Best in there, but the way I read the paragraph, "conservative" refers to how Wendt intends to run CNC, rather than how he's forecasting earnings. Otherwise the sentence makes no sense in the context of the rest of the paragraph.

And whatever happened to that AIG buyout anyway?
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