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

To: John Thomas who wrote (371)10/29/1997 9:11:00 AM
From: M.A. Miller  Read Replies (1) | Respond to of 4155
 
CNC earns .72 (.02 above estimates)

Good post John. I think now is a great time to buy (down from $49) because I think CNC is on the prowl.

I'll listen to conference call (I assume 10 a.m. Indiana time, not eastern?)



To: John Thomas who wrote (371)10/31/1997 3:56:00 PM
From: M.A. Miller  Read Replies (1) | Respond to of 4155
 
John:

What's your view of CNC at $44 as a buy here. Hilbert already said comfortable for 98 earnings of $3.38. Earnings should always be slightly ahead of expectation for the next 5 quarters. And there may be an acquisition or two.

I think the glory days of doubling every two years is past. But this still seems to be undervalued at 13 times 98 earnings.

What's your overall view of CNC?


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