Conseco Insurance (CNO) Message Board

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Non-Tech : Conseco Insurance (CNO)

CNO 42.50

+0.4%

Feb 4 3:59 PM EST

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To: M.A. Miller who wrote (471)	12/8/1997 8:12:00 PM
From: The Pri	Read Replies (1) of 4155

Dirks Represents Sour Grapes--Thats All For many years Dirks was a leading bull on this stock. Now he is in litigation trying to squeeze $ 4.7 million out of the Company. We have a clean opinion from the outside auditors and the regulators and rating agencies have not objected to our accounting policies. The Company can't be involved in a public pi** ing match with a dissident individual. What it must do is to continue to lead with action. This means earnings, treasury stock buybacks and future acquisitions. Zacks reports 6 analysts with strong buy opinions, 1 moderate buy and 1 hold. We should take a long term view. This includes predictions of EPS of $3.35 in 1998 with $4.00 in 1999. Then watchout as CNC splits again and becomes the target of one of the largest mergers in history. This will occur IMHO.

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