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Non-Tech : Conseco Insurance (CNO)
CNO 42.31-1.2%3:59 PM EST

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To: M.A. Miller who wrote (373)10/29/1997 9:02:00 PM
From: The Pri  Read Replies (1) of 4155
 
Hilbert also said he was comfortable with analysts estimates of 15-20% growth in EPS. If this occurs then Zacks consensus estimate of $3.34 for 1998 could grow to $4.00 for 1999.

If you believe that this stock sells at a multiple based upon future earnings then late in 1998 it could be selling based on the $4.00.

You supply the multiple. If we assume an 18 P.E. ratio the stock could sell for $72.00 in late 1998. Historically stock splits occur for CNC in the $75.00 range. This could occur in late 1998 or early 1999. The key is growth is sales areas with good profit margins.

These thoughts are just one private investors humble opinions.
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