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


To: JM who wrote (477)12/9/1997 7:43:00 AM
From: Pancho Villa  Read Replies (1) | Respond to of 4155
 
JM: A most enjoyable and unbiased post. BTW after spending some time readign CNC's latest 10Q I realized I really can not read financial statements for an insurance company. I guess a significant portion of RD argument has to do with what may be considered a proper way of recognizing revenue. Quite a few of his critics/concerns are forward looking statements which cannot be verified. I fell much better when the past history of the company already reflects a messy situation. You are right in that this is by no means a safe short.

Pancho