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

To: hcm1943 who wrote (492)	12/10/1997 5:13:00 PM
From: JM	Respond to of 4155

Here are the questions that I emailed to Mr. Dirks. I also plan on preparing a set of more detailed questions: Mr. Dirks: A, now very concerned, CNC investor with a few questions regarding your recent report on Conseco: 1. Do you have a short position in CNC? 2. Also, if CNC accounting is inaccurate, why would PFS, American Travellers, and Capitol American all have elected to take CNC stock in the buyout? Why is your insight more accurate than the combined efforts of these three organizations? 3. Please address the information provided by CNC that a Dirks associate circulated a draft opinion which was very favorable on CNC stock, in mid-May. CNC claims that you only turned negative on the company after they refused to pay you a finders fee. 4. If the company is in a weak financial position, why are CNC insiders hoarding this stock like there is no tommorrow? 5. Why hasn't S&P, Moody's, or Duff Phelps lowered their credit ratings on CNC? You have definitely raised some good questions about accounting techniques and as a CNC shareholder I am concerned about their lack of response to your claims. I will be interested to see if you will respond to my questions. Appreciate your help hcm.