Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Tunica Albuginea who wrote (2114)	7/31/2000 10:55:20 AM
From: Kevin Podsiadlik	Respond to of 4155

"Looks pretty good"!? Beauty may be in the eye of the beholder but sheez! "B"-level ratings for credit are not like a "B" average in high school. And what's with that "D-4" rating from Duff & Phelps (before you diss them with a scornful "who??", note that they're the only ones who still rate CNC's claims-paying ability in the "A" range)? CONSECO INSURANCE RATIGS Looks pretty good conseco.com

To: Tunica Albuginea who wrote (2114)	8/1/2000 1:56:42 AM
From: Tunica Albuginea	Read Replies (1) \| Respond to of 4155

REVIEW OF RECENT ARTICLES AND POSTS ON CONSECO ( 8 – 1 - 00 ) . . EDITORIAL Of significance Monday 7-31-00 was News of the Upgrade of CNC to 4 stars from 3 by S & P. Message 14133330 David Faber , CNBC retracted last weeks statement that “ CNC was going to issue New “ and thus dilute shareholder equity . boards.cnbc.com messages.yahoo.com J.J.Cramer Editor of TheStreetCom parted ways with his nihilistic CNC analysts ( eg “ Herb “ ) and opined that Irwin Jacobs’ idea to cause a CNC Giant Short squeeze was great. ragingbull.altavista.com dunnonothin in YHOO post that most shorts ( 40 mill out of 64 mill ) shorted in the single digits which is why they are all VERY ANSY!! messages.yahoo.com Merrill MAINTAINED their NEUTRAL rating on CNC ( ie, no downgrade. Ths is the SAME rating as before ) But lowered estimates for the NEXT 6 months ( FY 2000 ) to $0.50 from $1.45 and 2001 to $1. ML has duty to pint out if a stock is risky. Well…we all know that don’t we??? Nothing ventured nothing won… messages.yahoo.com Dow Jones Newswires wrote: “ Lots of action this week because “: Conseco Plans Asset Bond Sales In face Of Uncertainty By DAVID FELDHEIM NEW YORK -- The jury may still be out on the long-term viability of Conseco Inc. (CNC), but the bond market will have to make some quick decisions this week because investors probably will be asked to purchase more than $1.6 billion in securitized debt of the beleaguered company's Conseco Finance unit. messages.yahoo.com Shorts are pulling out all stops in desperation: They are now calling in the SEC to get “Irv” Jacobs “The CNC short Eliminator “ messages.yahoo.com Of course we all know that all the IRV did is issue a public WARNING to CNC longs alerting them to the fact that their CNC shares where being put to ill use, against THEIR interests “. He did not encourage ANY transaction ( buy or sell ) in the spirit Of the SEC law. All he said is “put your name on your shares so they can’t be shorted down to oblivion” A great civil service by a great American Finally The Most Significant post on 7/31/00 was this from oldparadigm_2000 At YHOO who said ever since conference call...There is less and less talk about bankruptcy (after Wendt said it aint happenin) and most of the negative analysts and posts are talking about reduced earnings next few qtrs or the possibility of an additional charge. It pleases me that the tone of the discussion has changed from "absolutely going bankrupt" to "Well the earnings are going to be less" Even JJC (longtime cnc bear) has changed his opinion due to recent events. Everyone should read the article (post 62453) It is surprisingly candid about his reasons for covering. 7 – 31 – 00 CNC High 8 5/16, low 7 7/8. Vol coming down 3.42 mill. Not much change. TA PS: I include a special section today: "Articles critical of CNC just to make donjuan, Kevin and mammabear my dear shorty friends happy!!! Isn't that great?? <vbg> Eddie Murphy $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ MAJOR RECENT ARTICLES ON CNC 7/27/00 BUSINESS WIRE: CONSECO Announces Restructuring Program ,Parts I, II, III & IV , from RB ragingbull.altavista.com 7/24/00 BLOOMBERG: WENDT GETS RID OF LEOPARD CHAIR AND .......PROTECTS SHAREHOLDER EQUITY: quote.bloomberg.com . 7/19/2000 WENDT HIRES Ex-GE CRISIS TEAM biz.yahoo.com 7/12/2000 20 MILLION PAID TO HIRE WENDT Wendt gets 45 mill less than if he had stayed at the Golf Course and got paid by GE to non - compete and do nothing. GE gets 10 mill CNC shares, will make another killing. messages.yahoo.com 6/30/2000 WENDT BACK FROM HONEYMOON messages.yahoo.com VARIOUS OTHER ISSUES IN CNC: ISSUE OF PRODUCING A GIANT SHORT SQUEEZE: ------------------------------------------------------------------------------- 7/27/00 IRWIN JACOBS WANTS TO PRODUCE A SHORT SQUEEZE. ……….He puts this Ad in WallStJ. then other papers messages.yahoo.com streetmonkey.com . 7/29/00 Star Tribune:CNC earnings report and Irwin Jacobs Short Squeeze bid ragingbull.altavista.com 7/30/00 Indianapolis Star :Conseco investor's ad aims to help stock . starnews.com 7/31/00 J.J. CRAMER FROM TheStreetCom editorializes: “ A great Idea !!!” ragingbull.altavista.com 8-1-00 Star Tribune: Neal St. Anthony/On Business: Jacobs roars, short sellers yawn startribune.com . Meanwhile, CURRENT SHORT INTEREST as of 7/22/2000 is 64,000,000 shares messages.yahoo.com messages.yahoo.com Shorting Rules ragingbull.altavista.com BOOKS ON SHORTING (If any one wants to ahead and short some more and make Mr.Wendt’s Day ). capatcolumbia.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 7/28/00 :FABER CNBC REPORT & CONTROVERSY ( ie that Wendt is going to dilute shareholder equity ). ragingbull.altavista.com 7/29/00 reply by ta to FABER Report: CNBC FABER is either LYING or MISINFORMED messages.yahoo.com 7/24/00 Cnet : ''We're not going to be diluting shareholder value at ridiculously low prices,'' Wndt said. cnetinvestor.com messages.yahoo.com 7/31/00 FABER CORRECTS HIMSELF: “ CNC WILL N O T ISSUE ANY N E W EQUITY “. boards.cnbc.com Thank you Mr. FABER. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ BANKRUPTCY 7/22/2000 Part I messages.yahoo.com. Part II messages.yahoo.com. messages.yahoo.com. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~. . MR.T.LEE'S PREFERRED STOCK messages.yahoo.com messages.yahoo.com BROKERS OPINION 7/30/00 STANDARD AND POOR UPGRADES CNC TO 4 STARS FROM 3 STARS Message 14133330 Merrill Lynch 7/31/00http://messages.yahoo.com/bbs?.mm=FN&action=m&board=7081488&tid=cnc&sid=7081488&mid=62518 .7/26/00 LEHMAN MAINTAINS OUTPERORM II ON CNC Message 14109720 =============================================================== CNC CHART stockcharts.com[L,A]DCCLYYMY[PB10!B20!B30!F][VC60][IUH14,3!LI14,3!LC20!LK14] . VARIOUS NEWSPAPER ARTICLES 7/29/00: Indianapolis Star Tribune Observers expect more cutbacks by Conseco startribune.com NEGATIVE ARTICLES ON CNC 7/27/00 TheStreetCom: Herb's Hotline: Oversight by Conseco? thestreet.com 7/10/00 TheStreetCom: Conseco Sets Rich Pay Package for New CEO, By Peter Eavis Message 14023449 7/11/00 Herb's Hotline: Will These Conseco Capers Never Cease? By Herb Greenberg thestreet.com &/14/00 Bloomberg :Conseco Outdoes Itself in Piling Gifts on Wendt: by Graef Crystal ragingbull.altavista.com 7/31/00 Warburg initiates coverage with hold; messages.yahoo.com 7/31/00WSJ Colin Devine from SmIth Barney is worried about CNC messages.yahoo.com messages.yahoo.com 488&mid=62505 ========================================================== MAGAZINE ARTICLES ON GARY WENDT Aug. 7, 2000 :BUSINESS WEEK ragingbull.altavista.com My comments on Business Week Article: Music…Music…Music.. Message 14127197 . . 1997 FORBES/GECAPITAL: " BLOWING BUBBLES " forbes.com . ========================================================== PREVIOUS REVIEW POSTS . . July 5, 2000: REVIEW OF GARY WELCH LIFE AND ARTICLES Message 13993832 . July 10, 2000: W S J : GE Capital’s Wendt: " A BRUTAL NEGOTIATOR " Message 14023303 ========================================================== MISCELLANOUS CONSECO INSURANCE RATIGS conseco.com WENDT'S BUSINESS CARD Here's Wendt's business card when he goes to the Bank to ask for money: I am responsible for 38% of GE's net income: GE’s profit has come increasingly from Financial Services. That’s GECapital, the company I run, at GE: businessweek.com And here's how I compare with the giants: Revenues quicken.com Cash Flow quicken.com Net Income quicken.com Looks pretty good !! <vbg> no? Gary Wendt TA