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Strategies & Market Trends : Annaly Mortgage Management (NLY)
NLY 21.17+2.1%Oct 31 9:30 AM EST

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To: leigh aulper who wrote (1)3/8/1998 10:38:00 AM
From: Labrador   of 75
 
Glad to see someone actually follows this stock. I just sold half my shares on Friday. I think the company has potential and the yield (even at a current price of $11.25) will be 11% or more for 1998. Just thought, however, that I could buy back at a lower price.

Additionally there are a number of mortgage reits going public in the near term that invest in ARMs, just like annaly. For example, Anworth. This may put some pressure on Annaly.
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