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

To: M.A. Miller who wrote (531)	12/30/1997 8:16:00 AM
From: Ken Sammut	Read Replies (1) \| Respond to of 4155

From Motley Fool CNC thread: Subject: Rukeyser's Wall Street Date: Tue, Dec 30, 1997 00:14 EST From: PabloPO Message-id: <19971230051400.AAA01612@ladder02.news.aol.com> Louis Rukeyser's Wall Street newsletter for Jan. 1998 contains the following on CNC: Open Wallets "Buying may be habitual: insiders at Conseco, an insurer that has grown rapidly through aggressive acquisitions (19 deals in 15 years), bought four million shares of stock between August and October (the same number they acquired in 1996), with recent purchases between $47.65 and $48.95 a share." "Conseco's growing market presence and added distribution strength helped earnings grow 44% in the third quarter (ended Sept. 30), keeping Conseco on track to meet the consensus estimate of 39% earnings growth for 1997. Some analysts and reporters have criticized Conseco's aggressive accounting practices, but the Federal Accounting Standards Board has discredited those charges. Most analysts seem unconcerned: the concensus estimate for Conseco's annual earnings growth over the next five years is 15.5%."