Mr. Pink's Picks: selected event-driven value investments Message Board

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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mr. Pink who wrote (14847)	2/22/2001 5:43:01 PM
From: gringodoc	Read Replies (1) of 18998

CNC: The New York Times less than flattering article about Mr. Wendt and his turnaround memos: The Chief Executive as Chief Cheerleader nytimes.com On Tuesday, after the market had closed, Mr. Wendt announced Conseco's full- year 2000 earnings and fourth-quarter results in Memo No. 9. In spite of posting a net loss of $378.7 million for the quarter and taking $420 million in special charges, Mr. Wendt accentuated the positive. "We did battle; we survived; we're positioned to thrive; and we like what we have to work with!" his memo exulted.

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