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


To: Tunica Albuginea who wrote (2087)7/30/2000 11:39:42 AM
From: Jack Hartmann  Read Replies (1) | Respond to of 4155
 
Conseco Inc (CNC): Upgrade to 4 stars from 3 stars
Analyst: Catherine Seifert
See shares opening sharply higher on Friday after co.'s very candid Q2 conference call... New CEO Gary Wendt outlined strategies to raise cash by selling non-strategic assets, to restore credit and claims paying ratings, dispose of non-strategic Conseco finance assets, restore liquidity... $0.09 Q2 operating loss vs. year-ago operating EPS of $0.84 reflects many unusual factors... Placing our '00 and '01 estimates under review... see more 2nd half charges... CNC very volatile stock, only for most aggressive... but see upside here.
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personalwealth.com
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Looking positive.
Jack