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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: KatayamaGorobei who wrote (3)12/1/1997 8:42:00 PM
From: Labrador  Read Replies (2) of 64
 
i think that the market is saturated with mortgage reits right now. two more due out in the next two weeks.

i think it will take a little time before the price recovers -- namely good earnings -- OAIC has proven management and will succeed. But for now be happy with the yield which will be good at an $18 price.

i did buy some more-- I am patient and time will prove this reit to be a good performer.
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