SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Conseco Insurance (CNO) -- Ignore unavailable to you. Want to Upgrade?


To: M.A. Miller who wrote (373)10/29/1997 12:53:00 PM
From: Ken Sammut  Read Replies (2) | Respond to of 4155
 
Pri,

You were right on about 1 1/2 months back when you posted that several major houses were ready to make recommendations on CNC. Can we anticipate any more recommendations?

Ken S.



To: M.A. Miller who wrote (373)10/29/1997 1:08:00 PM
From: JM  Respond to of 4155
 
In today at 44 3/4. Was not sure if my limit order would be filled the way the stock began the day. Good earnings report, wonder why the drop back to yesterday's level. Anything that could be construed as negative in the conference call?

With earnings on track, it appears CNC is poised to begin another run. Seems like a decent value in today's market.



To: M.A. Miller who wrote (373)10/29/1997 9:02:00 PM
From: The Pri  Read Replies (1) | Respond to of 4155
 
Hilbert also said he was comfortable with analysts estimates of 15-20% growth in EPS. If this occurs then Zacks consensus estimate of $3.34 for 1998 could grow to $4.00 for 1999.

If you believe that this stock sells at a multiple based upon future earnings then late in 1998 it could be selling based on the $4.00.

You supply the multiple. If we assume an 18 P.E. ratio the stock could sell for $72.00 in late 1998. Historically stock splits occur for CNC in the $75.00 range. This could occur in late 1998 or early 1999. The key is growth is sales areas with good profit margins.

These thoughts are just one private investors humble opinions.