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Non-Tech : Conseco Insurance (CNO)

CNO 41.19

+0.9%

Nov 25 3:59 PM EST

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To: Ken Sammut who wrote (295)	8/24/1997 9:28:00 AM
From: John Thomas	of 4155

Ken Conseco is getting into the high risk used car financing biz. NALF will be put together with GACC (General Acceptance) which Conseco has a controling interest in. The used car financing industry has been in shambles for the past two years and is ripe for consolidation. My guess is the will put a few more pices together, take them all private then roll up and take public. These are 18-22% car loans that when managed properly offer a great return. Look back at this post in two years and I belive it will be true. John Thomas

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