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


To: Lala Pri who wrote (783)8/26/1998 10:05:00 AM
From: John Thomas  Read Replies (1) | Respond to of 4155
 
Just some comments:

1) Furman Selz is the one doing the 4MM share repurchase for the Execs
I belive that the 4MM shares were finished yesterday. (No more
company support).

2) Green Tree presents some stock problems, Due to a pooling of
intereest, CNC can not do a share repurchase till Q1 of 1999.
Also you have almost 40% of the stock in new shareholder hands,
many whom are traders that got into Green Tree when it got hammered
in Q1 of this year.

3) I still think the only way you get Senior Mgt. (whose net worth
is comprised mostly of CNC stock) to leverage what they own to
buy more of the same is if the have an exit plan down the road.

4) Green Tree is now the diving force behind CNC earnings!!

5) Look at a chart on CNC, BAD!!!! support 34 1/8 March 97.

6) Good Company, keep some dry powder, it could stay down for months.

John