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


To: Scott L. Olson who wrote (773)8/10/1998 11:54:00 AM
From: Lala Pri  Read Replies (1) | Respond to of 4155
 
I have not heard those rumors recently. My personal opinion is that it would happen in 2 to 3 years. The stock is very cheap down hear from a valuation stand point and I have been buying. Furman Selz has a mid 70 target. If the market can hang in there I think we see 70 by thanksgiving. Once again, this is my opinion based on a 17 multiple on next years earnings.



To: Scott L. Olson who wrote (773)8/10/1998 3:19:00 PM
From: Gerald Walls  Read Replies (2) | Respond to of 4155
 
I have heard from ?? reliable sources that CNC is being bot out.

The recent price action doesn't seem to support this.