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

To: brad greene who wrote (1474)	7/2/2000 12:06:21 PM
From: BWAC	Read Replies (1) \| Respond to of 4155

Brad, Read one post back, I get about 30 Million shares short below $8.

To: brad greene who wrote (1474)	7/2/2000 12:14:15 PM
From: Robert T. Quasius	Read Replies (1) \| Respond to of 4155

The shorts probably view the run-up after the Wendt announcement as a suckers rally. True, just appointing Wendt as CEO doesn't turn around CNC, but the man has obvious leadership skills and I expect him to act quickly to set things in motion. I think CNC's turnaround will take about 12 months to be substantially underway, about 2-3 years to be total. Eventually, I expect Wendt to turn CNC into another powerhouse, just like he did with GE Capitol. I am long, both shares and a synthetic long position I took just before the Wendt announcement. I'm looking for CNC to return to the mid-teens short term, and $30 by the end of next year.