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

To: Shtirlitz who wrote (2316)	8/10/2000 9:37:05 AM
From: Kevin Podsiadlik	Respond to of 4155

Shtirlitz, we're looking here at the "anything more than two months old is too old to be a factor" school of investing. An extremist sect of the "efficient markets" school, if you will. The theory, I guess, is that if CNC was going to get bankupted by all this debt it would be trading in the pennies by now and wouldn't have responded as it did to the Wendt hiring. You saw, didn't you, how he reacted to someone pointing out recent examples that failed to conform to this theory. I think we could be dealing with a religion here.