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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: Toby Zidle who wrote (1)11/13/1997 8:50:00 AM
From: Labrador  Read Replies (1) of 64
 
3rd quarter earnings by no means were impressive. however, the company has a great proven management group. The problem is that the company is not yet invested its initial cash, nor levered up -- this will take another year.

i think that this reit has great potential and a buy at $19 and change will prove a great price in a year. I think that we'll see high 20's by this time next year and a healthy dividend. i am quite trusting of this management (i also own ocwen on the nyse -- which has done great!).
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