Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: JM who wrote (490)	12/10/1997 1:31:00 PM
From: Pancho Villa	Respond to of 4155

Dear JM >>Dirks had the opportunity to tell his story when he was looking for potential aquisition targets for CNC, and chose not to because it was not in HIS best interest to do so at that time. Now, all of a sudden, in his opinion, it appears that CNC is misrepresenting their financial position. I have emailed him some questions, which he has not answered.<< This is precisely why I shorted. RD may not be the guy I invite over for dinner at my place but the bottom line is that if he saw some bad things.... I don't care about the rest >>Very high levels of recent insider buying.<< Using borrowed money! That way I buy my mother inlaw a 747 >>MLynch and First Boston have mentioned CNC as undervalued in the past two days.<< Take this clowns with a grain of salt they were also recommending OXHP. With all the flexibility in revenue/cost-reserve recognition these guys have and trading at a 20X multiple I strongly disagree they are cheap! JM good luck to you too. I must accept I am kind of driving with a fogged out windshield here which I don't like. Wish I would feel stronger about my position here. Acting on intuition which is probably not very smart. Pancho