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


To: Kevin Podsiadlik who wrote (3148)9/25/2000 1:58:47 PM
From: AK2004  Read Replies (2) | Respond to of 4155
 
Kevin

re: three times over in the future predictions of longs

Fourth time is a charm - just kidding.

re:other shoe remains undropped

something you know that no one else does? All of the conditions of loan extension, debt reduction, job eliminations, dividends etc were known at the release.

re:in theory, popped CNC considerably

there is no such thing as "the theory". Market acts as it wants and with current doom and gloom in some of the sectors money may flow outside of the riskier ventures like CNC. BTW that is not to say that shorting is less risky but right opposite. Time will change and so will money flow...

Regards
-Albert



To: Kevin Podsiadlik who wrote (3148)9/25/2000 8:11:29 PM
From: Tunica Albuginea  Respond to of 4155
 
kevin!!Aha!!! FEAR!!! Did you say fear???

" In the past week, two scenarios that the shorts
feared actually materialized. "

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

How is this possible? Fear that is?
I thought the CNC short's case was an open and shut case
of CNC going straight to BD through Q-10!!

What is this new version now: Fear??

Tell me about your fears kevin....
" I financially died ".....

Talk to me......

TA,M.D.

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

Message #3150 from Kevin Podsiadlik at Sep 25, 2000 1:39 PM

Here's how I look at it, your mileage may very. In the past week, two scenarios that the shorts feared actually
materialized. Last Monday, CNC managed a print about the magic 10 level, thus technically breaking
resistance. This weekend, CNC has successfully engineered the news release on its debt reorg such that the
good news was front loaded and flashing out all weekend while other shoe remains undropped even now.

In a market such as this one where momentum is a big deal, both of those events should have, in theory,
popped CNC considerably. They did not.

I've financially died at least three times over in the future predictions of longs on this very board. Yet in reality I
am still very much in this game. If that's not something to be encouraged by then you tell me what is.