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: AK2004 who wrote (2375)	8/14/2000 3:55:39 PM
From: Mama Bear	Read Replies (1) \| Respond to of 4155

I don't think we agree at all. Every CNC long could put in a GTC sell order on their shares, and it wouldn't affect the pool one bit. I don't need to ask my broker, as I understand the clearing house process. Sorry if you thought I insulted you. it wasn't my intent at all. Regards, Barb

To: AK2004 who wrote (2375)	8/14/2000 4:07:10 PM
From: donjuan_demarco	Read Replies (3) \| Respond to of 4155

Prince Albert: "I would welcome any arguments against cnc - insults is not considered an argument" Well, (1) it is losing money, (2) after you take out intangibles it has no book value, (3) deeply in debt and borrowing at a rapid clip last quarter, (4) has 1.5b in debt coming due by the end of the year, (5) more debt maturity coming up after that, (6) finance burns cash like crazy, (7) finance has a lot of questionable loans and strips on its balance sheet, (8) insurance operations are deteriorating, (9) insurance subs stuffed with junk loans from finance, (10) frequent downgrades by rating agencies, (11) debt is selling below junk level, (12) already did $500m equity financing, (13) just threw over $100m at past and present CEO, plus probably a few other things I am forgetting.