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Non-Tech : Conseco Insurance (CNO) -- Ignore unavailable to you. Want to Upgrade?


To: Bosco who wrote (1033)4/3/2000 7:23:00 PM
From: BWAC  Read Replies (1) | Respond to of 4155
 
Bosco,

Still in TKLC?

So is this CNC selloff today overdone? On the surface it looks so. What am I missing? Started a significant position today at 9 3/8 or so. I just don't see what makes the lowered estimate of $2 in earnings worth only $9?

I read a few messages back about a 'management buyout'? What price would one estimate? It seems I might have missed some significant news about ??loans to management? Anybody up for a brief history of how CNC got to this point?



To: Bosco who wrote (1033)4/3/2000 11:22:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 4155
 
Bosco; Some of this sell off could be due to the Tiger
Fund..I'm betting the anal cyst that down graded her are
trying to get a steal and cover their shorts as cheap as
they can..( it's a cut throat market full of vampires
and they smelled blood here )
I'm in at 9-1/4, and will try to sell (20strike ) 2002 leaps
tomorrow.
I'll set my low alarm at 6, high at 20 and won't look at her again for a year unless they go off.
-------------------
Jim