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Strategies & Market Trends : Anyone following Capstead (CMO)??

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To: James H who wrote (96)8/25/1998 12:15:00 PM
From: MGV   of 216
 
I think they have taken significant steps to stop bleeding and stabilize earnings. The risk reward here is low I think. The term structure of rates is not helping but, the steps they took to restructure mean it is not pushing them to liquidation.
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