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Non-Tech : Impac Mortgage Holdings (IMH) Buying A Bank!
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To: Larry Gomberg who wrote (3)3/13/2005 6:37:38 PM
From: blankmind   of 5
 
Anyone still following IMH?

- IMH came out with great 2004 earnings; looks to be able to sustain the quarterly .75/div per share; is growing the asset base; and above all - is only 2 1/2 wks away from declaring the next dividend. If we haven't had an earnings warning by now, I doubt we'll get one before 3/29/05 - the div declaration date. From all appearances, the sell-off appears overdone. There's no guarantees. But at $18.09 and paying $3/annually, I argue patience is key.
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