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

To: John Carragher who wrote (709)	4/22/1998 10:23:00 AM
From: Ken Sammut	Respond to of 4155

I believe GNT's earnings come out today or tomorrow. In one way, I hope they are way above expectations so the deal looks better, and on the other-hand there is a part of me that wishes they are way under expectations, giving CNC even more reason to not go through with the deal. I know CNC has made its name and reputation on buying out struggling companies and through economies of scale and good management, turn them around add to CNC's bottom line. I guess my concern is that GNT is not an insurance company and has a sordid past. I would have rather CNC keeps its focus on insurance or as I said in an earlier post, go after a company like CountryWide Credit.