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

To: John Thomas who wrote (652)	3/4/1998 6:06:00 PM
From: JM	Read Replies (1) \| Respond to of 4155

More Speculation: Just seems to me that there will be a point of cashing in on all this insider stock and that the actions that the co. is taking could be construed as preparation to this end. I would like to see CNC get the stock up to 65, but I'm not sure if this insurance co. can command that type of multiple. Some of the more conservative, savy investors will not touch the stock because of the high levels of goodwill, and lack of internalized earnings growth (growth not due to accretive acquisitions). I have made my decision to hold because of the high levels of insider buying and earnings track record (yes even though some of the buying is with guaranteed loans). I am hoping my decision will be worth the wait. BTW $80ish buy out would be quite nice!