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Strategies & Market Trends : Ocwen Asset Inv. Co (OAC)
OAC 15.43-5.8%Jan 21 4:00 PM EST

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To: George T. March who wrote (11)2/6/1998 9:22:00 PM
From: Labrador   of 64
 
Here is the language from the release:

This charge to earnings and the decline in the current yield from the purchased yield has the potential to reduce expected first quarter earnings and funds from operations by approximately $0.16 to $0.20 per share and to reduce expected second quarter earnings and funds from operations by approximately $0.03 per share.

I suspect that earnings for the quarter should still be in the positive but under a dime per share.
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