Conseco Insurance (CNO) Message Board

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Non-Tech : Conseco Insurance (CNO)

CNO 42.05

+0.6%

Jan 30 9:30 AM EST

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To: dfloydr who wrote (392)	11/10/1997 4:10:00 PM
From: M.A. Miller	Read Replies (1) of 4155

Waiting for an announcement. If another batch of inside buying at $48.87, then I'm glad I bot more today at $44 3/8. An acquisition should be coming. CNC doensn't like to just have one pending acquisition (Wash National). Hmmmm. What will it be and when? Protective Life? A blockbuster like Lincoln National (even though they're overpaying for Cigna). Or Life USA for a small one? CNC has a track record. Insiders buy, acquisitions follow. I don't think insiders are buying on the notion that'll they'll just stay the course and earn $3.40 next year. You don't put massive money into CNC by insiders if you're just hoping for $3.40 and no acquisitions.

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