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Non-Tech : Conseco Insurance (CNO)
CNO 41.25+1.9%Nov 7 3:59 PM EST

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To: Mama Bear who wrote (3443)10/6/2000 6:52:57 PM
From: AK2004  Read Replies (1) of 4155
 
Mama Bear

I do not follow the company but I do know (vaguely) that the statement equity values do not correspond to the prices. I was trying to make a point that neither Jacobs nor Kevin are right about the value of the company - it is not determined by accounting rules. The value (or real equity) is simply the current market value.

most companies do not follow accounting rules internally but rather use them for restrictions and optimizations

Regards
-Albert
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