Conseco Insurance (CNO) Message Board

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Non-Tech : Conseco Insurance (CNO)

CNO 40.85

+2.0%

Dec 10 3:59 PM EST

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To: M.A. Miller who wrote (586)	1/21/1998 6:07:00 PM
From: John Thomas	Read Replies (2) of 4155

Mark, 500K first hour.....351,700 was one block. Also 100K+ tradeed at 3:27 if I am correct a 10B13 (that is what the call a stock repurchase trade) has to be done 1/2 an hour B4 the close. Last I heard was that CNC was north of 3.3MM shares and in the market. Looks like they could of bought another 500K+ today, that would make the last 5MM 80% done?? Looks like they are in a hurry to finish B4 Feb 9th (I think they can not buy 2 weeks B4 earnings, they are due out, 2/24?). Also I heard that the street is looking for 77CPS and 80CPS is a wisper # that is going around. Could explain the recent run. Time will tell, I was told they were busy as bees in Carmel, could just be earnings??? LONG FOR THE LONG TERM John Thomas

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