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

To: Tunica Albuginea who wrote (3252)	10/4/2000 4:33:49 AM
From: Tunica Albuginea	Read Replies (4) \| Respond to of 4155

<font color=green>e CNC News and Review Yesterday we fell ~10% due to short selling and longs selling because they were taken in by Devine Colin's article about loweres earnings expectations for CNC. in fact the truth is that CNC is a better value at $7 than it was at $ 9.5 1 week ago. Thwy will make 50 cents in Q3 which gives them a PE of 15 but at $1 in 2001 we have a forward PE of 7.That's cheap. The case for buying CNC increases averyday.Inspite of Short's remarks, now, CNC Is not going Bankrupt. ( look at Merrill News ) " Less uncertainty about the future " Message 14501552 Folks on thew other hand have focused excessivewly on Solomon Smith Barney Colin Devine's comments and down grade: Message 14500598 But they don't realize that Colin has been PROFOUNDLY WRONG in the past. SmartMoney.com from Dow Jones describes it best here: Message 14322877 So don't put your faith in an analyst that has been profoundly wrong in the past. For straters he claimed that Wendt coming to CNC was " only a rumor ". Longs hold the cards: If they don't sell, the stock is slowly: Post of the day from RB: ragingbull.altavista.com By: wordsmithtom $$$$ Reply To: 5822 by saigh $$ Tuesday, 3 Oct 2000 at 8:41 AM EDT Post # of 5870 Until recently I read and occasionally interacted with this Gator poster until I reached the determination it had no intention of fair play. It spins more propaganda than Bill Clinton's press corps. In dealing with me, it chose selective statements on which to dwell, argued around vague points, dissembled arguments, pitched red herrings, and generally obfuscated. A judge would have ruled him out of order, but on a message board, he is free to bend words wherever he chooses. It's a good advocate, spindoctor for the shorts, but I can spot a bullcrap artist a mile away. It is one, and it is on ignore as arguing with a fool only pulls you down to its level. Unlike such spindoctors, I urge no one to buy CNC stock on my opinion. I suggest all do their own DD and make up their own minds. I'm betting on Wendt to progress with his plan. And as a contrarian by nature, the massive short interest in this stock does pose a leverage worthy of consideration. This tension will be the fulcrum for a large change in share price going forward. Either the shorts are right, and my investment will lose money, or they'll be dead wrong as they scurry to cover. Time will tell. Let them bash and moan; the bad news is out; the good is coming--I know what I know and am patiently waiting. This has become a war, and because of such, someone will get killed in the battle. The winners will back the right leader...I'm backing Wendt. Yes, he has as much to lose as the leaders of the short-selling hedge funds; but his record over time is a little better, from what I've seen. ---------------- cheers TA