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

To: Mama Bear who wrote (3443)10/6/2000 6:52:57 PM
From: AK2004  Read Replies (1) | Respond to of 4155
 
Mama Bear

I do not follow the company but I do know (vaguely) that the statement equity values do not correspond to the prices. I was trying to make a point that neither Jacobs nor Kevin are right about the value of the company - it is not determined by accounting rules. The value (or real equity) is simply the current market value.

most companies do not follow accounting rules internally but rather use them for restrictions and optimizations

Regards
-Albert



To: Mama Bear who wrote (3443)10/8/2000 12:45:46 AM
From: Sr K  Read Replies (1) | Respond to of 4155
 
I do believe you fabricated

did you know that Iridium listed it's book value at over $30 per share just before it was forced into bankruptcy?

You wouldn't be referring to phoney data reported on SI?


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