Hilbert said comfortable with 98 estimates of $3.38. That's the first time I've heard him say that, and that is very good news.
CNC looking at acquisitions weekly. CNC looking to consolidate all companies into Conseco Life, Conseco Annuity, and Conseco Health by 1999.
Alot of tweeking going on with acquired companies. Changing products to be more profitable etc...
Brand advertising is starting to consumers soon.
Brokerage houses very excitied about getting CNC stock options for placing business with CNC.
Looking at using AJ Foyt along with McMahon, Alex Trebex, and Lou Rawls for Colonial Penn advertising. Will start selling 40 to 65 life insurance product and cancer product with these TV ads soon, in addition to the guarantee issue life for seniors.
One of the best quotes was from Marketing head, Gongaware, who said, "As we continue to make acquisitions, ... I mean "if" we make acquisitions.." In other words, he suggested by a slip that acquisitions coming.
Hilbert said can't acquire 9 companies in 15 months as just happened, so things will slow on acquisitions, but won't dry up. |
