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Non-Tech : Green Tree Financial (GNT) -- Ignore unavailable to you. Want to Upgrade?

To: Adam Nash who wrote (148)4/7/1998 5:15:00 PM
From: John Carragher  Respond to of 169
 
Adam Im on board! I looked up analysts rating of cnc 1.4 not bad.

This is a close recovery for me of the losses due to executives taking all the money and run. I believe the stock price gnt came down because the mrkt doesn't think its worth the $52 bucks. I figure the board of directors know a lot more than us.

Looking forward to the merger. see ya John



To: Adam Nash who wrote (148)4/9/1998 5:56:00 PM
From: otter  Read Replies (1) | Respond to of 169
 
Based on the acquisition agmt, unless I'm reading it wrong, the price of GNT ought today to be @ 91% of Conseco - or around $45 or so. Therefore, assuming that the acq. does go through and assuming that nothing else happens, the GNT should pick up another $5 just for being there... over time. Anybody have any other ideas why there is a discount? Today, GNT lockstepped with Conseco...


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