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

To: Kevin Podsiadlik who wrote (3682)	10/30/2000 4:56:43 PM
From: Tunica Albuginea	Read Replies (1) \| Respond to of 4155

I did not say shorts are the only ones sending CNC lower. I said, CNC is lower than $10 because: -Short selling ( although 7 mill shorts have covered in last 30 days, we still have 59 mill shorts as of Oct 20 ). -Short sellers are primarily Institutions who are protecting their Preferred and Bonds. -Institutions selling because of loss of dividend ( are not allowed to hold it ). -tax loss by Mutual funds and retail -momentum players getting in at $8 and then getting out after ride to 11.5 That'sa what I said, TA