To: Tunica Albuginea who wrote (2125 ) 8/1/2000 4:38:08 PM From: Tunica Albuginea Read Replies (4) | Respond to of 4155 REVIEW OF RECENT ARTICLES AND EVENTS ON CNC on( 8–1-00) . . EDITORIAL August 1, 2000, 16:37 hours. ---------------------------- CNC seems to be stabilizing at ~ 8. Yesterday it was down to 7 7/8 for Exactly 60 seconds with 35000 shares trade. At the speed of 35000shares At 7 7/8 for only 1 minute a day it will take 64,000,000 divided by 35000 = 1800 days or about 5 years to cover. Correct: 5 years to cover 64 mill Shorts at 7 7/8 for 1 minute a day!! Incidentally the bid/ask at that time was a big 640 to 20.messages.yahoo.com And a picture of the 60 second dump to 7 7/8messages.yahoo.com Finally The Most Significant post continues to remain the insightful one, on 7/31/00, By oldparadigm_2000 At YHOOmessages.yahoo.com who saidever 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. 8 – 01 – 00 CNC High 8 3/16, low 7 7/8. Vol coming down 3. mill. Up 1/16 Volume is slowing from 7 mill the last several days, TA $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$MAJOR RECENT ARTICLES ON CNC ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ 7/27/00 BUSINESS WIRE: CONSECO Announces Restructuring Program ,Parts I, II, III & IV , from RBragingbull.altavista.com DOW JONES NEWSWIRE 7/27/00:COMPLETE EPS REPORT 1: dowjones.work.com 2: dowjones.work.com 3: dowjones.work.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 bidragingbull.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 yawnstartribune.com . Meanwhile, CURRENT SHORT INTEREST as of 7/22/2000 is 64,000,000 shares messages.yahoo.com messages.yahoo.com Shorting Rulesragingbull.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 :ISSUE of 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 MISINFORMEDmessages.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. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ISSUE OF BANKRUPTCY 7/22/2000 Part I messages.yahoo.com . Part II messages.yahoo.com . messages.yahoo.com . ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~. . ISSUE OF 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 STARSMessage 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!B50!C20!F][VC60][IUH14,3!LI14,3!LC20!LK14] . VARIOUS NEWSPAPER ARTICLES ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 7/29/00: Indianapolis Star Tribune Observers expect more cutbacks by Consecostartribune.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 CNCmessages.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 how I compare with the giants:Revenues quicken.com Cash Flow quicken.com Net Income quicken.com GARY WENDT Looks pretty good , Eeh? No? vbg TA