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

To: donjuan_demarco who wrote (1822)	7/14/2000 9:45:34 AM
From: Tunica Albuginea	Read Replies (2) \| Respond to of 4155

"Credit Market not Impressed with Wendt".donjuan! give him a chance!!!buddy!! he's only been at work for 2 weeks!!! 2 weeks juan!! He probably hasn't had a decent haircut either yet. All in good time ancinet Chinese Proverb. By the way, Gary is jusr printing his Business Card for the Credit Markets. Here's the draft copy ( very similar to the final product ). ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Gary Wendt CEO CONSECO Revenues quicken.com Cash Flow quicken.com Net Income quicken.com I am responsible for 38% of GE's net income Gary Wendt ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ . . . Do you think Markets are going to be more impressed when they see his business card? :-))) TA . . . =========================================================== . . . you said: Message #1822 from donjuan_demarco at Jul 14, 2000 7:56 AM Re Wendt and banks. Quote for GNT debt: finance.yahoo.com It looks like, so far, the credit market isn't overly impressed with Wendt.

To: donjuan_demarco who wrote (1822)	7/16/2000 2:16:33 AM
From: Cogito	Read Replies (1) \| Respond to of 4155

DJ - I notice that quote for GNT debt shows that it's 14 points above its 52 week low of 56 1/8. Unfortunately, there's no chart available to show when that low was hit. In either case, I don't think it really supports your point. I don't think that Wendt is magic, but neither do I find it reasonable to conclude that if he hasn't solved all of CNC's problems in two weeks, he can't do it. There seems to be a very short-term mentality at work on this thread a lot of the time. If the stock is up 3/4 one day, the longs say the shorts are running scared. If it's down by the same amount, the shorts start gloating and predicting bankruptcy. It took years for the company to get itself into this situation. It won't fix itself overnight. - Allen