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: M.A. Miller who wrote (500)	12/11/1997 8:46:00 AM
From: hcm1943	Read Replies (1) \| Respond to of 4155

I beg to differ with you... You read the more than 35 POINTS raised and assumed them to be questions when in fact I read them as statements addressed more deeply in the body of the 38 page report. RD may be wrong about CNC but don't shoot the messenger because you don't like the message. As I suggested yesterday, read the report objectively.. if you can put out of your mind that you own it and read it as if you were going to make a new commitment to it you may come away with a different opinion addmittedly this is not the first time accounting issues have been raised regarding CNC and I won't pretend to understand them all I would pose ONE question to you .. Why did CNC spend so much money buying back its stock in the open market (paying some broker a fee) only to issue PRIDES, to replace cash,(again paying a broker a fee) ? Would suggest you see who the underwriters are and who has just recommended the stock. Surprise, surprise.