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


To: donjuan_demarco who wrote (2543)8/22/2000 7:28:01 PM
From: AK2004  Read Replies (1) | Respond to of 4155
 
Donjuan

re:You are correct, the value is zero. Anything above zero and you are relying on the "greater fool" theory.

are not you contradicting yourself since value is a value and it is market cap by definition :-))

re:By the way, how do you put things in italics here?

type <i> to turn it on and </i> to turn it off

Regards
-Albert



To: donjuan_demarco who wrote (2543)8/22/2000 8:14:49 PM
From: Tunica Albuginea  Respond to of 4155
 
Brother donjuan!...Amigos!!... I see here with glee that

Brother albert [ kovalyov ] has been
good to you, besides showing you how to type he is
delivering to you some of that good ol'
Financial Religion.

Brother albert here really impresses me.
I do hope you put it to good use and

cover!!,

cover!!,

donjuan, cover!! before it is

tooo late!!!

cheers and best wishes

TA @
Editor,
CNC News and Reviews Message 14252200

=====================

Message #2543 from donjuan_demarco at Aug 22, 2000 7:19 PM
<<<"can't repay" simply means that the value of the company is zero (on risk adjusted basis) and if I recall it correctly the cap is around 2.4 billion which is slightly more than than zero.......>>>

You are correct, the value is zero. Anything above zero and you are relying on the "greater fool" theory.

By the way, how do you put things in italics here?