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


To: Tunica Albuginea who wrote (2605)8/24/2000 12:08:40 PM
From: Softechie  Respond to of 4155
 
It wasn't me! That block was a smart short-seller covered.



To: Tunica Albuginea who wrote (2605)8/24/2000 12:15:20 PM
From: Softechie  Read Replies (1) | Respond to of 4155
 
This is just the beginning of a small but important short-sellers squeeze. Drop it down to $7 1/4 and I'll get more. Satisfy me short-sellers.



To: Tunica Albuginea who wrote (2605)8/25/2000 9:34:10 AM
From: Tunica Albuginea  Read Replies (3) | Respond to of 4155
 
Aug. 24 , 2000, CNC NEWS and ARTICLES and ANALYSIS:

                         NEWS and ANALYSIS:
=================
1 ] IRWIN JCOBS ON TV
===================

Today it is IRWIN JACOBS day:

Irv The Liquidator.
He will appear on CNBC at 7 PM.
That may have been part of the reason of bi chunks of
short covering yesterday.


2} Various Articles on IRWIN and potential CNC Short squeeze:

First IRWIN JACOBS PICTURE :

interactive.wsj.com

Aug. 7, 00: He put this Ad in the papers:
streetmonkey.com

messages.yahoo.com

Aug: 11, 2000:REUTERS: "Liquidator" Jacobs bets on insurer's turnaround
biz.yahoo.com

. 7/31/00 J.J. CRAMER FROM TheStreetCom editorializes: A great Idea !!!
ragingbull.altavista.com

Angling for Tie-Ins, Irwin Jacobs Took Up Big-Time Bass Fishing
interactive.wsj.com

Message 14204449

The potential for a GIANT Short Squeeze potential was again thoroughly
examined by TheStreetCom on 8-21-00:

What Happens When Short-Selling Goes Bad
thestreet.com

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

Short Interest of course remains high and is very bullish
As outlined in Wall St. Jour. Aug. 22,2000:




Company 8/15/2000 7/14/2000 % Chg Avg DailyVolume

CONSECO, INC. 65,769,663 63,975,097 2.8 4,610,868



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


And this is a comment from YAHOO:

What does it mean to be short?? In CNC??


messages.yahoo.com

CNC short position actually increased

What does this mean? I'll tell you. The institutional shorts are actually shorting MORE, in the hopes that the increased selling will drive the price down. This is EXTREMELY RISKY.There are few "real" sellers here. Despite what pink and the other amateur shorts tell you, it is only a matter of time before the covering causes big spikes in the price. Almost 70 million shares are short, and the short ratio is over 14!!! That is incredible. Think about what this means ... if all the buyers were actually shorts covering, it would take 14 trading days (based on average trading volume) for all of them to cover. That's almost three weeks of pure short covering. With no real sellers, and a few non-covering buyers, the situation will get EXTREMELY UGLY FOR SHORTS.Hold your shares. Do not sell until over 20.

by: what_a_loser_you_are

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

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

My personal view of CNC Shorts is
that I think most shorts are Institutions
that are hedging their bonds and preferreds.

They shorted to +/- 50 mill.

Then they shorted some more in last month ( +/= 2 mill )
to try and get as many shares out of the hands of retail.

At the right time, I believe CNC will spike up
to close lower prices off to all.Institutions will be in,
retail will be out.

Institutions own the stock and they control it.

Many of our YAHOOligans posting here
could be on payroll of Institutions doing their
dirty work trying to keep prices down so they can
buy it.

Message to Retail CNC Longs:

1)DON'T GIVE THEM YOUR STOCK FOR PEANUTS.
2)TAKE THE CERTIFICATE OUT OF STREET NAME SO THEY
CAN'T USE IT FOR MORE SHORTING,

====================================
We are still under the reassurances of Gary Wendt
who came out battling the shorts and said

NOT TO WORRY ! ! ! !

about CNC meeting their obligations.
siliconinvestor.com


TA Productions Studios

For Previous REFERENCE REVIEW MATERIAL ON CNC GO TO:
Message 14268172



To: Tunica Albuginea who wrote (2605)8/26/2000 7:19:25 AM
From: Tunica Albuginea  Respond to of 4155
 
Irwin Jacobs on CNBC Fri 25, 2000 @ 19:20 .

Interviewd by Ron Insanna:

( re-formatted and corrected )

The main thrust of the interview was in regard to the
VEC technology that Gen-Mar (his privately owned boat
manufacturing holding) possesses.
With this computer driven open mold technique
they can form with automotive tolerances in
35 minutes what used to take in excess of 24 hours.
It greatly improves the quality and productivity
and ultimately cost of production which will be passed
along in the price of the final product.
This activity occupies most of his time now.

Interviewer Ron Insanna then asked him about CNC.


Q: What is this issue of trying to create a short squeeze?
A: Well I didn’t think that it would happen immediately
when I put the ads in the paper. I just wanted to sensitize people
in what was going on.

Q: Do you think it’s working?
A: He chuckled:" Yes it's working ! . People used
to say : “ you can get as many shares to short you want.
Tens of millions could be easily borrowed “.
I can tell you , I asked, that as of today,
you couldn’t find more than 1 million shares
to short in all of Wall Street. Yes it is clearly working.


Q:Well stock is trading at 7.37 , only 37 cents above
the highest price you paid.
( Jacobs bought most of his shares between 5 and 7 )
Do you think it will go back up ?
A: Yes I think it will go up. In fact I bought more.
(of the common stock )

Q: It’s just that CNC is in a poor financial situation
and some some people are concerned that CNC will not be
able to make it’s payment before the Sept. 22 deadline.
A: Jacobs chuckled again and said:
“ people, people. Who are these people? What do they know?
When I put 100 million dollars of my own money in
you better believe that I made sure that it was a good
investment.
CONSECO I think will turn out to be one of the best
investments I’ve ever made; the opportunity of a lifetime.

I think I will do VERY well and the shorts will do very poorly ",
he said and chuckled.

Q: It seems that The "boys" (Ron named a number of
big names of the eighties who raided companies
and made big profits; Jacobs was one of them)
“ seem to be making a come back after an absence in the nineties. “
A: No Ron I am not looking to do any such thing but
and I am quite committed to the present businesses,
investments and communities



===============
TA

My last Review of CNC News and Articles

Message 14268172



To: Tunica Albuginea who wrote (2605)8/26/2000 9:59:45 AM
From: Tunica Albuginea  Read Replies (4) | Respond to of 4155
 
The PAC-MAN STRATEGY FOR " THE GREAT CNC-SHORT-SQUEEZE":

( As originally devised and developed by
Tunica , self-appointed Web General
of CONSECO/WENDT Financial Field Forces ).


---------------------

I think that based on Jacob’s Interview
ragingbull.altavista.com
one can begin to lay down the
strategic elements that will construct

The Great CNC Short Squeeze of 2000.

The Foundation elements of this squeeze are:

1] Few shares left to borrow for additional shorting
( 1,000,000 , to be exact, per Jacobs )
Thus it WILL BE MUCH HARDER for Shorts
to depress the stock )

2] THE PAC -MAN STRATEGY:
Consists of
a: MILLIONS of Little Retail Investors ( LRIs )
will initiate buying SMALL amounts of
shares: as little as 100 or even better, 1000.

b: IMMEDIATELY request your broker to
-take it out of Street Name
-i.e. give YOU the shares
-put a Good Till Cancelled ( GTC )order to sell at $30.

The above will prevent the Broker from giving
out the shares you just bought to somebody
to sell short and depress the price of CNC


3] DO NOT SELL AS THE PRICE RISES!!!!
THIS IS CRITICAL ! !

Because it will SLOWLY FORCE shorts to BUY
and COVER thus SLOWLY raising the price.

4] Eventually the PAC-MAN Strategy will reach
“ The Critical Mass of Fusion “, i.e. “ Nuclear Explosion “
i.e. “ The Giant CNC Short- Squeeze Explosion “

where the SQUEEZE-MOMENTUM will
OVERWHELM the shorts No Matter How Many They Are.!!!


We don’t know when The Nuclear CNC Fission-Explosion-Squeeze
will take place.
Could be any time.
If the PAC-MAN Strategy is adhered to theoretically the
Stock could go to over $30, because that is where 67,000,000
shorted shares can be covered.
$30 is The Price CNC Longs have decided they are willing
to part EN- MASSE with their shares.

We are talking about a 400% return in your investment folks
in a short time. 200% after taxes & fees!!!

You are not going to get that this year, in this market,
from any where else ! ! ! ! !

Good Luck to ALL PAC-MEN/WOMEN, one and all,
and may WENDT BE WITH YOU!!!!

TA @ Message 14268172

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

ADDENDA

The Head Quarters ( HQ ) of “ MISSION CNC-PAC-MAN “
will remain here at Silicon Investor Stock Talk Thread.


My Assistant will be

Assist. Lieut. Gen. Softechie
Member 7375056

and
Message 14256198

There will be 2 field offices:

One at YAHOO ,
which will be under the command of
Lieutenant General dunnonothin profiles.yahoo.com

and
Assist. Lieut. General paulthebigfinn http://profiles.yahoo.com/paulthebigfinn

the 2nd at RAGING BULL
with Assist. Lieut. General greeedyboy
ragingbull.altavista.com

In my absence please turn to them for any orders to act, or news or developments.

From time to time,
as The CNC-PAC-MAN army INCREASES in size further additions/ changes
to Command HQ will be made.

I am now recruiting young, enterprising volunteers for The CNC PAC-MAN ARMY.

It will be a short enlisting: 3 - 6 - 12 months.
If interested, please submit your application On-Line to me
at any of the 3 Command Offices, SI, YHOO, RB.
Pay for enlisting consists CNC Stock Option Appreciation:
i.e: you buy now and stand potential to make 400% ( pre-tax )
on your time.

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

Our COMMANDER in CHIEF of course remains
COMMANDR “ DIRTY GARY “ WENDT

who as soon as he spotted a CNC SHORT said:

localsonly.wilmington.net

localsonly.wilmington.net

“ you've got to ask yourself one question

“ do i feel lucky?..........well do ya punk?"

"I know what you're thinking.
Did he buy six shares or only five of CNC .
Well to tell you the truth, in all this excitement,
I kind have lost track myself.
but bein' this is a 44 WENDT magnum,
the most powerful BRAIN in the world,
and would blow your wallet clean off,
you've got to ask yourself one question
.......do i feel lucky?..........well do ya punk?"

.
========================================================

REFERENCES FOR CNC SHORT SQUEEZE:
==========================================
Various Articles on IRWIN and potential
CNC Short squeeze:

First IRWIN JACOBS PICTURE :
interactive.wsj.com

Aug.7,2000: He put this Ad in the papers:
streetmonkey.com

messages.yahoo.com


Aug: 11, 2000:REUTERS: "Liquidator" Jacobs bets on
insurer's turnaround

biz.yahoo.com

7/31/00 J.J.CRAMER FROM TheStreetCom editorializes:
A great Idea !!!

ragingbull.altavista.com

On 8-21-00: The potential for a GIANT Short Squeeze
potential was again thoroughly examined by
TheStreetCom
What Happens When Short-Selling Goes Bad
thestreet.com

Wall St.Jour. Article on Jacobs:
Angling for Tie-Ins,
Irwin Jacobs Took Up Big-Time
Bass Fishing

interactive.wsj.com

siliconinvestor.com

===============================
Short Interest for CNC of course remains high and is very bullish as outlined in
Wall St. Jour. Aug. 22,2000:


Company 8/15/2000 7/14/2000 % Chg Avg DailyVolume
CONSECO, INC. 65,769,663 63,975,097 2.8 4,610,868


============================================
We are still under the reassurances of Gary Wendt
who came out battling the shorts and said

NOT TO WORRY ! ! ! !

about CNC meeting their obligations.
siliconinvestor.com

.
.
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