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

To: Tunica Albuginea who wrote (1919)	7/22/2000 1:01:34 PM
From: Kevin Podsiadlik	Respond to of 4155

First things first, it's CBS Marketwatch, not Marketplace. This is the kind of thing that happens when you stay up late posting to message boards. Marketplace's analysis of Wendt wanting to sell Conseco Financial ( Green Tree ) is off by a mile: The paragraph was admittedly ambiguous, but I took "the unit" to mean the unit that Andersen et al. were leaving, the Capital Management unit. If it did in fact mean Green Tree, then the article would, technically, be accurate, since they did announce the plans a few months ago, AND they have not officially announced (your article only gives us a "may not") the termination of those plans. Nobody claimed the 16 were " bad " Don't kid me, I've read that Yahoo board. That one posting you quoted even complained about how difficult some people at Conseco were to work with, by way of implying that the Sixteen were among said people. Maybe they were just too expensive. <chuckle> "Too expensive" for a company that just laid out $45 million cash for the new CEO?? Well, I suppose maybe if hiring Wendt left nothing for anyone else. Marketplace has it wrong again saying: " Officials at Conseco were unavailable to comment. " The truth is they did release a comment: thestreet.com So we have the Thestreet.com, with tiny little revenues that, as you love pointing out, don't even register on the scale used to measure Conseco's revenues, and yet Conseco talks to them and snubs major media conglomerate CBS. I wonder how you reconcile that. Cramer is the Editor and CEO ( I think ) of StreetCom. You think WRONG!™ Dave Kansas is the editor-in-chief of TSC. Their CEO is Thomas Clarke, Jr., and their Chairman is Fred Wilson. (No, I did not know all that offhand, but it was really amazingly easy to look up.) Cramer was one of the founders, but his day-to-day role as of late is as one of the senior columnists. Oh, and while I'm on the topic of TSCM, you can look at how flat that revenue line appears, but if you had ever checked the numbers in question you'd have seen that TSCM revenues tripled in '99 over '98. Stick that in your albacore tuna and smoke it.

To: Tunica Albuginea who wrote (1919)	7/31/2000 10:41:51 AM
From: Kevin Podsiadlik	Read Replies (2) \| Respond to of 4155

Say, Tuna, remember how you were kvetching about all those those "negative" article on thestreet.com, and how Cramer responsible for all of them even though it wasn't his byline? (click the "1919" above if you've forgotten). Well here's your final debunking of that conspiracy theory. Cramer opines that Jacobs' short squeezing plan is likely to work(!) and recommends that the shorts "declare victory and move on", although he does add that he wouldn't suggest actually going long I obviously think he's Wrong!™ (though I did cover the shares I added on the recent spike), but that's all beside the point. thestreet.com