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

To: Tunica Albuginea who wrote (3760)	11/7/2000 2:24:13 PM
From: 44magnumpower	Respond to of 4155

I second that emotion!! WHERE is shortie now when you want to beat him up??? OHHHHHHHH hahhahaahahahahahahaahahahahhha!

To: Tunica Albuginea who wrote (3760)	11/7/2000 3:37:28 PM
From: 44magnumpower	Respond to of 4155

Michelle Caruso-Cabrera reported on CNC and the NYSE today on CNBC. coolboard.com age=1&idDispSub=8433025231153 Carmel, Indiana, Nov. 7 (Bloomberg) -- Conseco Inc. shares jumped 23 percent after the rating company A.M. Best Co. restored the insurer's investment-grade credit standing, clearing the way for it to complete the credit extension signed in September. The $2.3 billion pact with lenders led by Bank of America Corp. and Chase Manhattan Corp. required the terms be renegotiated if Conseco remained below investment-grade at March 31, 2000. Conseco's $1.1 billion of asset sales since Gary Wendt was named chairman and chief executive in June generated enough cash to meet its obligations, said A.M. Best. It raised Conseco's credit rating to ''A-'' from ''B++'' after cutting it in June. Raising the rating was one of Wendt's top aims, he has said. ''I was expecting this to happen next year,'' said Michael Sheldon, an analyst at Spencer Clarke LLC, who rates Conseco a ''hold.'' Conseco shares, down 53 percent this year, gained $1.63 to $8.56. The rating agency said in a statement it was ''satisfied that Conseco can secure bridge commitments, if necessary, to further insulate it from the possible affects of either asset valuation shortfalls or the timing of asset sales required to meet its outstanding repayment obligations through 2001.'' A.M. Best said it expects that any potential shortfalls will not exceed $150 million.

To: Tunica Albuginea who wrote (3760)	11/7/2000 3:48:25 PM
From: AK2004	Read Replies (3) \| Respond to of 4155

Tunica where is our good ol' master Donjuan who was betting that no way no how cns would satisfy the new loan covenant Regards -Albert Conseco Receives Upgrade From A.M. Best Co. INDIANAPOLIS, Nov 7, 2000 (BUSINESS WIRE) -- Responding to news that A.M. Best has upgraded its financial strength rating to A- (Excellent) from B++ (Very Good), Conseco (NYSE:CNC) today said that it was pleased to have this affirming news. The upgrade was termed "very welcome, but not surprising" by Conseco Chairman & CEO, Gary Wendt. "We have great confidence in our turnaround plan, and it is gratifying to have it affirmed by such an important third party." The return of Conseco's rating to A- (Excellent) satisfies early a covenant in Conseco's recently amended bank debt agreements. That covenant required the company to achieve the A- rating by March 31, 2001. "This is good news for all of our insurance business units," said Wendt. "It will eliminate concerns in our independent distribution channel and should have a positive effect on margins." "We are still in a turnaround situation," said Wendt, "but this is one more big boulder removed from our path to a New Conseco."

To: Tunica Albuginea who wrote (3760)	11/13/2000 2:43:39 AM
From: Tunica Albuginea	Read Replies (1) \| Respond to of 4155

<font color=red>Nov. 13, 2000 COMPLETE CNC NEWS & REVIEWS Totally clear horizon for future messages.yahoo.com 1.) December debt payment already in the bank. 2.) A.M. Best upgrade. 3.) $500 Million debt/equity conversion in Feb 4.) After June 01- no public debt (just banks) 5.) Minimal exposure to I/O securities 6.) Tritel looking fantastic 7.) Casino will sell eventually 8.) No losing health products 9.) #1 rated variable annuity product in USA 10.) Huge expense reductions 11.) Brand Name 12.) Gary Wendt by: shareholder_services ------------------------------- It's a beautiful Morning …ahaaaaaaaa No.14: cdnow.com Ahaaa Ooho Ahaaaaa The Sun is shining everywheeree aahhaaa TA $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ CNC NEWS, REVIEW, FUNDAMENTAL DATA AND COOL LINKS $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ ALL CONSECO ARTICLES since JULY 2000 when WENDT came aboard BW: Nov. 9,2000: Conseco Finance Announces Multi-Year Contract With Menards biz.yahoo.com Tuesday November 7, 1:37 pm : A.M. Best Upgrades Conseco Inc.'s Principal Life Insurance Subsidiaries biz.yahoo.com Nov. 7, 2000 A.M.Best Upgrade CBSMarketWatch A.M. Best upgrade. www2.marketwatch.com{D9A03364-250A-43EE-B39C-48E0E74EFE57} Nov.7,2000: CBS www2.marketwatch.com CNC gets debt upgrade --1:02 pm - By Michael Baron Conseco (CNC: news, msgs) is jumping $1.50, or 21.6 percent, to $8.44, after A.M. Best raised the debt rating on the Carmel, Ind., financial services firm's insurance units to 'A-' from 'B++' and removed them from 'under review' status. Michael Sheldon, an analyst with Spencer Clarke LLC, said this event represents a significant strategic positive for the company. "This reassures investors that management is taking the right steps to make the company competitive and profitable in the marketplace," said Sheldon, who has a "hold" rating on Conseco with a price range target of $10 to $15. "I believe the stock could move several dollars higher in the next few months as investors come to terms with this news." Message 14723848 WHO IS GARY WENDT ********************* Message 14723560 CONSECO FUNDAMENTAL DATA AND COOL LINKS ============================================= Message 14723456 NICE site to get IMMEDIATE NEWS FROM DOWJONES ============================================= quicken.excite.com V A L I D E A.com ================= Interesting site to get many previous articles and reports, rumors etc validea.com BROKERS & FUNDS RATING & buying CONSECO =============================================== Message 14723320 CONSECO INSURANCE RATINGS =============================== Message 14723220 BUSINESS PROSPECTS IN CONSECO: ============================== BW: Nov. 9,2000: Conseco Finance Announces Multi-Year Contract With Menards biz.yahoo.com Message 14723085 CNC Preferred Stock and Bonds ============================ Message 14722931 IRWIN JACOBS and CNC SHORT SQUEEZE: ===================================== Message 14722401 CNC Longs amusement Park Message 14445597 Why Wendt took job at CNC and SALARY discussion ========================================== Message 14722571 MISCELLANEOUS $$$$$$$$$$$ ISSUE OF CNC potential for BANKRUPTCY ======================================== Message 14721647 WHY I INVEST IN CONSECO ========================== ragingbull.altavista.com moneycentral.msn.com RUMORS =========== Nov. 2, 2000: ALLIANZ to buy CNC? messages.yahoo.com siliconinvestor.com Sep 21, 2000 AIG to buy CNC and install Wendt as CEO? Message 14426456 EQUIPMENT used to post <vbg> : ========== Message 14721259 CNC INVESTMENT DISCLAIMER FOR DUMMIES : ======================================= Message 14721315 Note: If you click on my last post it will take you to my very first post 2 months ago. TA