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

To: Mr. Pink who wrote (3814)	12/17/2000 9:57:28 PM
From: Softechie	Read Replies (2) \| Respond to of 4155

In addtion to your tech shorts, I would suggest to take a look at fiber optics sector with issues like SCMR RBAK JNPR CIEN BRCD and B2B sector as well. Good luck. BTW, I would cover CNC and forget this nighmare. Don't fight the tape and strong undercurrent.

To: Mr. Pink who wrote (3814)	12/18/2000 2:44:21 PM
From: Cogito	Read Replies (2) \| Respond to of 4155

>>Mr. P$nk, in His infinite wisdom, is still short this turd. And, at these levels He is more resolute than ever. Yes and while the trade has gone against Him, thank Pink, the other stocks He is short such as amzn, csco, yhoo, plug, hand etc., have more than made up for His short term losses.<< Pinky! So glad to get a response. I thought my post might rattle your chain. I'm glad your other positions are doing well. Doesn't it seem that the arguments for shorting CNC are being cut down one by one, though? Ratings upgrade well before expected, debt being paid down, etc. At what point do you just decide to cut your losses? Or does your belief in your own "infinite wisdom" (sheesh) prevent you from acknowledging your mistakes? - Allen

To: Mr. Pink who wrote (3814)	12/18/2000 9:52:20 PM
From: HeyRainier	Read Replies (1) \| Respond to of 4155

Mr. Pink, I have much respect for the thoroughness of your due diligence on the companies you short. I would like to ask you, however, to re-examine the basis upon which you shorted Conseco. For example, the AM best downgrade has been reversed and the debt due by this year is constructively being reduced. Also, please correct me if I am wrong, but hasn't the company changed its accounting conventions to be more conservative? Under Hilbert, I likely would have looked with negativity upon Conseco's prospects and agreed with your position. However, under Wendt, that 'death-spiral discount' applied to Conseco appears to be gradually diminishing as investors reconsider CNC's position from a 'stopping concern' into a 'going concern' once more. Wendt's track record is quite admirable. Let me close by providing you some quotes from Reminiscences of a Stock Operator, one of your favorite books, I believe. "...It is not wise to disregard the message of the tape, no matter what your opinion...A speculator must concern himself with making money out of the market and not with insisting that the tape must agree with him." For your consideration. Rainier Disclosure: I hold a position in Conseco. Under no circumstances is this to be construed as a recommendation to buy or sell.

To: Mr. Pink who wrote (3814)	12/19/2000 3:24:28 PM
From: Tunica Albuginea	Respond to of 4155

Pnky boy, you are dumber than I thought, siliconinvestor.com TA =================================================== Message #3814 from Mr. Pink at Dec 17, 2000 8:20 PM Mr. P$nk, in His infinite wisdom, is still short this turd. And, at these levels He is more resolute than ever. Yes and while the trade has gone against Him, thank Pink, the other stocks He is short such as amzn, csco, yhoo, plug, hand etc., have more than made up for His short term losses. Thank you for your concern, The incomparable Mr. P$nk

To: Mr. Pink who wrote (3814)	12/19/2000 4:26:48 PM
From: Mr_X	Read Replies (2) \| Respond to of 4155

Mr. P@#k, Conseco- are these projections credible? What is that blasphemous doughboy being allowed to get away with? he is making Irwin Jacobs look like goddam Warren Buffet. Where is the justice?? Should the minnions stay short here? Its getting pretty painful, as this bitch has doubled on me. Any advice? Mr. X

To: Mr. Pink who wrote (3814)	12/29/2000 9:50:19 AM
From: Tunica Albuginea	Read Replies (1) \| Respond to of 4155

CNC @ 13. Pinky still doesn't get it. :-)). Hard to teach an old dog new tricks?? heeeaaaooooooooooo TA ======================================= Message #3814 from Mr. Pink at Dec 17, 2000 8:20 PM Mr. P$nk, in His infinite wisdom, is still short this turd. And, at these levels He is more resolute than ever. Yes and while the trade has gone against Him, thank Pink, the other stocks He is short such as amzn, csco, yhoo, plug, hand etc., have more than made up for His short term losses. Thank you for your concern, The incomparable Mr. P$nk

To: Mr. Pink who wrote (3814)	4/4/2001 8:14:23 PM
From: gringodoc	Respond to of 4155

AFL-CIO "loves" Conseco: aflcio.org Another target the group unveiled was Conseco (ticker: CNC), the troubled insurance and financial-services company. According to the funds, although Conseco has underperformed both its peer group and the S&P 500 since 1998, ex-CEO Stephen Hilbert received stock option grants valued in the aggregate at over $44 million in 1998 and 1999. Conseco's new CEO, Gary C. Wendt received a $45 million dollar signing bonus. In addition, he was given 3.2 million shares of stock, and options to buy 10 million more. New York City Employees' Retirement System and Teachers' Retirement System for the City of New York is calling on Conseco to begin using performance-based stock options, while the Amalgamated Bank's Longview Fund is seeking disclosure on the extent of shareholder dilution caused by outstanding stock options held by senior executives. `````````` AFL-CIO Web site targets CEO pay WASHINGTON, April 4 (Reuters) - The AFL-CIO on Wednesday unveiled a revamped Web site that for the first time lets shareholders worried about big pay packages for chief executives e-mail their concerns to corporate boards. Found online at paywatch.org, the site is intended to be a sounding board for investors and the public as CEOs make big bucks while the economy slows and stock prices fall, said Bill Patterson, investment director at the American Federation of Labor-Congress of Industrial Organizations. "CEO pay continues to soar in spite of a weakening economy and stock prices heading south," Patterson told reporters. "We have every reason to believe that this year anger and expressions of outrage among shareholders, the public and workers is going to intensify and we are launching a new PayWatch on the Internet to be a vehicle for expressing this anger and concern." The AFL-CIO pointed to three large companies that it said had "egregious" pay packages -- Bank of America Corp. <BAC.N>, life insurance and loan firm Conseco Inc. <CNC.N> and telecommunications services provider Sprint Corp. <FON.N>. The labor group said Bank of America Chairman and CEO Hugh McColl made $95.6 million in total compensation over the last five years while the stock underperformed the S&P Index. When Gary Wendt took the helm of Conseco last year, he received a $45 million signing bonus as well as stock options worth almost $59 million and restricted shares valued at $18.8 million. But his company recently took a $78 million charge against earnings for more than $600 million in loans to executives and directors to buy Conseco stock, the AFL-CIO said, adding that two directors were forced out and three others resigned because they owed millions of dollars after the share price collapsed. At Sprint, Patterson said the AFL-CIO is waging a campaign to get William Esrey to give back 3 million stock options to shareholders that were "improperly" awarded despite the failed merger with WorldCom Inc. <WCOM.O> Officials at those companies did not immediately return telephone calls seeking comment. The AFL-CIO, which has about 13 million members, said the average CEO made a record $20 million last year, buoyed by nearly 50 percent more in stock options and 22 percent more in salary and bonus, while the typical hourly worker received a 3 percent increase. In 1999, corporate chiefs made 476 times what the average U.S. blue collar worker made. The AFL-CIO's PayWatch has been around since 1997 and received about 11 million hits last year, Patterson said. The new cyber campaign, to be launched officially on Thursday, lets investors e-mail their opinions to companies' boards of directors, which are responsible for determining how much a CEO and other executives make. "If directors begin receiving not just dozens but hundreds of e-mails, something's going to change," Patterson said. "It puts them on notice that shareholders are calling directors out to take responsibility for overpaying CEOs." 18:30 04-04-01 Copyright 2001 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. All active hyperlinks have been inserted by AOL. <b/>