Conseco Insurance (CNO) Message Board

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Non-Tech : Conseco Insurance (CNO)

CNO 42.06

-0.6%

9:56 AM EST

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To: John Thomas who wrote (363)	10/23/1997 2:22:00 PM
From: M.A. Miller	Read Replies (1) of 4155

I see J. Saabl, the new gen counsel from Chicago which took Inlow's place has now accumulated 68,000 shares of CNC, by purchasing more stock in September at prices between $44 and $49. Again, I think this is a good sign for upcoming months. Saabl (sp?) is a big time mergers guy. I think we will see more merger action coming. I'm considering adding to my position on Monday, after this turbulence clears. I may even pick up some November or February options ($45 strike price). Again, when CNC insiders buy, you see a big move. More than just $42 to $47. Some big moves are still coming, I think.

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