Conseco Insurance (CNO) Message Board

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Non-Tech : Conseco Insurance (CNO)

CNO 41.19

0.0%

Nov 26 3:59 PM EST

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To: Wabash Cannonball who wrote (627)	2/25/1998 4:33:00 PM
From: Gerald Walls	Read Replies (1) of 4155

I don't get it.... It appears to me that this is a fabulous announcement and the price of the stock is neutral. Are these earnings increases only in line with previous street consensus? I was expecting a pop with an announcement like this. What am I missing? The stock was already up one point yesterday and eight points over the past month or so. I guess it was built in. Another thing was that EPS growth exceeded their target of 40% this year, but the target earnings growth for next year is only 24% (according to a story on Yahoo). This is a significant decline in the EPS growth rate.

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