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

To: Mama Bear who wrote (2452)	8/18/2000 3:38:26 PM
From: Sr K	Read Replies (1) \| Respond to of 4155

OT IRIDQ and E The 47 to 3 example was not pulled out of thin air. It was that price on a ridiculous ML report. My post #472 here summarized the valuation problem, but that was too early to short. When reports developed that you had to be outdoors, point the antenna properly, and then there were "production" problems (with Motorola and Kyocera, such unreliable designers and manufacturers!), and price per minute problems, it was only a matter of time. But the main overvaluation was because IBD and SI and others misreported the shares outstanding (as 12 or 15 million), ignoring the "units". IMO. Oh, I recall someone, in another life, complaining that the bounce to 14 was stupid short covering or some other nonsense. Which it was, eventually.