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


To: M.A. Miller who wrote (418)11/20/1997 4:28:00 PM
From: Wabash Cannonball  Read Replies (1) | Respond to of 4155
 
Doesn't the SEC carefully monitor any insider stock purchase (or sale) taken on specific insider knowledge of an impending transaction which would enhance (or reduce) the value of the stock? Aren't there severe penalties for such insider trading? I thought the SEC reviewed all insider activity shortly after a transaction occurs.

If this above is true, does anyone think these recent insider purchases still mean a near term transaction will take place? Or, maybe these were made based upon a general feel for the stock's value? Comments, please.

Wabash Cannonball



To: M.A. Miller who wrote (418)11/21/1997 6:27:00 AM
From: JM  Read Replies (1) | Respond to of 4155
 
CCR up on take over speculation:
biz.yahoo.com

Does this fit into CNC game plan, and is this financially possible?
See CNC IR presentation slide at: conseco.com



To: M.A. Miller who wrote (418)11/21/1997 9:46:00 AM
From: John Thomas  Read Replies (1) | Respond to of 4155
 
Mark,

Back to Jack Rizzo, the trustee of the Helping Hand Fund was listed as Rollin Dick, he is the CFO, my guess is that is probably his private foundation? As to your guess as what their up to?? 1 billion is a lot of cash. I am still hearing rumors of a big deal soon (first 1/2 of 98). I tlked to LNC people last week they say they have a poison pill that would keep CNC out, also remember that CNC has never done an unfriendly deal. I think you are right on track with the idea that they want the stock up to 53-56 range before they do a deal. Still long and bgt some more @41, I still belive that we will see 65 in 12 months.

John