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


To: Ken Sammut who wrote (482)12/9/1997 8:07:00 PM
From: The Pri  Read Replies (1) | Respond to of 4155
 
First Boston estimates that "the stock is 12.4% undervalued today and it should trade up to $50 in the short term". The 12 month price target is $60.

Since I am a believer in CNC I bought more stock today.

Regards

The Pri



To: Ken Sammut who wrote (482)12/10/1997 12:56:00 PM
From: hcm1943  Read Replies (2) | Respond to of 4155
 
as a lurker let me offer up an opinion based on the fact that I have known RD over 20 years. He is not a one-hit-wonder his sucess spans the 20 yrs I've known him. While he has had his share of bad calls (Clinicorp comes to mind) his successes have been even more noteworthy (Greenwich Air aquired by GE, Digital Switch now DCS Comm, and most recently OXGN & OXGNW panned by both Dan Dorfman and Business Week days apart in '94 recently recommended by Prudential)
Does he have aan agenda because of the fee he claims? perhaps but the points he makes are valid. BTW are the recommendations by the underwriters of the PRIDES motivated by the fees they will receive?
I would suggest you and all the CNC bulls read the report objectively and ask CNC to respond point by point when they are out of the "quiet period".
For those who are unaware of the fact the report is available at
www.raydirks.com