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Pastimes : Ask Mohan about the Market

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To: Stitch who wrote (14503)2/28/1998 3:52:00 PM
From: Bonnie Bear  Read Replies (1) of 18056
 
thread: bottom-fishers might take a look at redwood trust RWTI. they made most of their profits from mortgage spreads. they have bought back lots of stock, offer a dividend and are well below book value. If interest rates rise in the future this will be a wonderful stock to own as a hedge. motley fool has a writeup on RWTI's troubles.
I'm quite happy to bottom-fish right now and let somebody else chase the nasdaq ballistic missile arsenal.
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