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


To: JM who wrote (658)3/10/1998 2:39:00 PM
From: Gerald Walls  Read Replies (1) | Respond to of 4155
 
Is this just a reaction to the website? Perhaps a combination of website and shorts covering? Or is something else occurring? Looks like a technical breakout. Any TA have guess as to how high it might climb before running into resistance?

Definitely a breakout. We're going to have around 2.5 (or more) times normal volume (as reported by Yahoo). As to the trigger, I don't think the web site has anything to do with this move. I don't know anything special but I wouldn't be surprised to see news after the close.

Note though that we've given back about a quarter the gain so far.